2019’s 2nd Largest Deal, Eli Lilly to Buy Loxo Oncology for $8 Billion

2019’s 2nd Largest Deal, Eli Lilly to Buy Loxo Oncology for $8 Billion

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Pharmaceutical giant Eli Lilly and Co will buy pioneering cancer treatment development company Loxo Oncology Inc for approximately $8 billion. The deal is one of a number of early major healthcare and pharma mergers and acquisitions this year. Lilly announced the deal today which will see the $120 billion-dollar company purchase around 68% of Loxo’s

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