Lilly seeks investors to expand subsidiary's portfolio
Eli Lilly and Co. plans to increase funds and put more drug candidates into its subsidiary Chorus, a company executive said. The drugmaker is looking for financial backers rather than pharmaceutical partners to maintain its control over Chorus' early- and late-stage drug development, said Gino Santini, Lilly's senior vice president of corporate strategy and business development.
Wall Street Journal, The
| 11/3
This story published in BIO SmartBrief on 11/04/2009
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