Eli Lilly and Company (LLY) Sees Buyouts As Way To Repair Depleted Pipeline
2/19/2014 7:57:53 AM
Eli Lilly & Co., is looking to a bevy of new medicines now in development to repair a pipeline depleted by the company’s recent loss of key exclusive patents. But long R&D and regulatory lead times before a drug hits the market has placed near-term revenue forecasts for the drugmaker under a cloud. Indianapolis-based Lilly may need acquisitions to boost its prospects.
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