Navigation Links
Lilly and MacroGenics Announce Licensing and Collaboration Agreement
Date:10/18/2007

ations for teplizumab or other next generation anti-CD3 molecules developed with MacroGenics. If Lilly pursues each one of those indications and they all ultimately gain approval, additional milestone payments to MacroGenics could exceed $600 million. Other terms of the deal were not disclosed.

The transaction is expected to become effective in the fourth quarter of 2007, contingent upon clearance under the Hart-Scott-Rodino Anti-Trust Improvements Act, if required. At closing, Lilly would expect a charge to earnings for acquired in-process research and development. The amount of the charge has not yet been determined, but is estimated to be $0.03 per share. The impact to Lilly's fourth quarter and full-year 2007 earnings per share guidance is included in the 2007 Financial Guidance section of Lilly's third quarter financial results press release that was issued today.

"This agreement will expand Lilly's pipeline of late stage molecules and will strengthen one of our core therapeutic areas," said David Moller, M.D., Lilly, vice president of endocrine and cardiovascular research and clinical investigation. "We remain committed to maintaining our leadership role in diabetes care, including an expanded presence in the area of type 1 diabetes. We will continue to seek out innovative molecules to add to our diabetes portfolio in order to best respond to the growing health crisis posed by diabetes worldwide."

"Teplizumab is a significant addition to our growing portfolio of biotechnology-derived medicines, which are a key strategy for Lilly," said Thomas Bumol, Ph.D., Lilly, vice president, biotechnology discovery research, and president, Applied Molecular Evolution. "Immune tolerance represents a novel therapeutic approach to the treatment of autoimmune disease, and we are excited to be partnering with MacroGenics to clinically evaluate this mechanism in type 1 diabetes."

"We are delighted to enter into this deal with Lilly, an established leader
'/>"/>

SOURCE Eli Lilly and Company
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related medicine news :

1. Animal insulin product to be discontinued by drug major Eli Lilly
2. Did Eli Lilly Turn Wily With Regard to Their Best-selling Schizophrenia Drug?
3. Eli Lilly Releases Digital Insulin Pen
4. OHSU Researchers Announce New Discovery
5. PM announces a new health care order for India
6. Partnership Between Diabetes India And Elsevier Announced
7. US Politicians Urge Movie Moghuls To Add Anti-Smoking Announcements
8. Ramdoss Announces Introduction of RCH-II
9. Britain Announces Third Transfusion Related Mad Cow Case
10. Gates Foundation Announces $287 Million In Grants Towards AIDS Vaccine
11. Tibet Announces the Dalai Lama’s Tour of South Americ
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/13/2014)... Recently, an experienced supplier of wedding ... its new collection of eggplant evening dresses . ... discounted rates, up to 58% off. According to the ... September 23. , The company’s new items are ... vintage, plus size, modest, sexy outfits and so on. ...
(Date:9/13/2014)... 2014 Healthcare employers, hospitals, insurance ... to operators in the Healthcare Consultants ... “Over the past five years, demand for healthcare ... the healthcare sector and the changing regulatory environment,” ... the 2010 Patient Protection and Affordable Care Act ...
(Date:9/13/2014)... HealthDay Reporter SATURDAY, Sept. 13, ... who is being treated at a Nebraska medical center is ... Sacra has been a patient in the hospital,s isolation unit ... Sept. 5. On Friday, the hospital said that Sacra ... Ben & Jerry,s Chocolate Chip Cookie Dough, the Associated ...
(Date:9/13/2014)... Gainesville Fit Body Boot Camp ... Grand Opening celebration today, Saturday, September 13th, 2014. The ... Body Boot Camp franchise, which is known worldwide for ... people the fast results they’re looking for in as ... work, but we make them fun as well,” says ...
(Date:9/13/2014)... September 13, 2014 Motion Graphics artist at ... transition pack entitled TransPack Volume 2 exclusively for Final Cut ... way to transition from one clip to the next.” Said ... never have too many transition options and TransPack Volume 2’s ... Volume 2 is a package of 30 thematic transitions made ...
Breaking Medicine News(10 mins):Health News:Cheap Eggplant Evening Dresses Now Announced By Experienced Company iFitDress.com 2Health News:Healthcare Consultants in the US Industry Market Research Report from IBISWorld Has Been Updated 2Health News:Healthcare Consultants in the US Industry Market Research Report from IBISWorld Has Been Updated 3Health News:American Ebola Patient Gets Appetite Back 2Health News:American Ebola Patient Gets Appetite Back 3Health News:Gainesville Fit Body Boot Camp Announces Grand Opening of New Fitness Boot Camp 2Health News:Gainesville Fit Body Boot Camp Announces Grand Opening of New Fitness Boot Camp 3Health News:Today a new TransPack Volume 2 transition was announced from Pixel Film Studios for Final Cut Pro X. 2
... , THE WOODLANDS, Texas, Aug. 12 Medical oncologist and renowned cancer researcher ... has joined the US Oncolo g y Research ... of Nevada (CCCN), an affiliate of US Oncolog y ... Chair and Medical Director of the Developmental Therapeutics Committee for US Oncology Research and Co-Chair ...
... , , Milestone shows how ... how much the culture has changed when reporting medical events , ... Authority has collected over one million reports from Pennsylvania healthcare facilities since ... that did not cause harm to the patient. , , ...
... , , FALLS CHURCH, Va., ... CSC ) the top performer in enterprise resource planning (ERP) ... of vendor performance in healthcare technology. , , ... Staying on Target with ERP Implementations: A Report on Healthcare Consulting ...
... , GLEN BURNIE, Md., Aug. 12 ... of prescription medications and veterinary therapeutic diets, today announced ... Eli Lilly and Company. VetCentric,s prescription management service enables ... owners by utilizing VetCentric,s unique veterinary-supportive business model. , ...
... , , BASKING RIDGE, N.J., Aug. ... begin healthy habits. Verizon Wireless customers can access multiple applications that help ... , Applications , , ... GPS with maps, speed, distance, elevation, splits and calories. Save activities to ...
... , WASHINGTON, Aug. 12 Even though universal comprehensive ... more children being diagnosed and successfully treated for vision problems and ... three states require eye examinations for school-age children, according to a ... , The report, "Building a Comprehensive Child Vision ...
Cached Medicine News:Health News:Nicholas Vogelzang, MD, Joins US Oncology Research Network via Comprehensive Cancer Centers of Nevada 2Health News:Nicholas Vogelzang, MD, Joins US Oncology Research Network via Comprehensive Cancer Centers of Nevada 3Health News:Nicholas Vogelzang, MD, Joins US Oncology Research Network via Comprehensive Cancer Centers of Nevada 4Health News:Pennsylvania Patient Safety Authority Marks Milestone With One Million Reports 2Health News:Pennsylvania Patient Safety Authority Marks Milestone With One Million Reports 3Health News:Pennsylvania Patient Safety Authority Marks Milestone With One Million Reports 4Health News:Healthcare Providers Rank CSC First in ERP Implementations 2Health News:Healthcare Providers Rank CSC First in ERP Implementations 3Health News:VetCentric Partners with Elanco Animal Health 2Health News:Verizon Wireless Offers Healthy Applications to Turn a Mobile Phone Into a Personal Trainer 2Health News:New Evidence-Based Research Shows that Universal Comprehensive Eye Exams Would Help More Children Succeed in School 2Health News:New Evidence-Based Research Shows that Universal Comprehensive Eye Exams Would Help More Children Succeed in School 3Health News:New Evidence-Based Research Shows that Universal Comprehensive Eye Exams Would Help More Children Succeed in School 4
(Date:9/12/2014)... /PRNewswire-iReach/ -- 9 th Annual FDA Inspections Summit ... Bethesda, MD Early Bird Registration discount ends ... Photo - http://photos.prnewswire.com/prnh/20140912/145652 What ... to get a glimpse into the inner workings of ... Come to Washington ...
(Date:9/12/2014)... DUBLIN , Sept. 12, 2014 ... addition of the "Global Medical Technologies Market ... Medical technology is a collective term for ... used to ensure good health. The Global Medical ... anaesthetic and respiratory technology, In vitro diagnostics technology, ...
(Date:9/12/2014)...  Genomic Health, Inc. (Nasdaq: GHDX ) ... from a health economic analysis suggesting that use of ... a significant reduction in direct medical costs and improve ... effects of unnecessary treatment.  "By providing ... measures, as demonstrated in this analysis, the Oncotype DX ...
Breaking Medicine Technology:FDAnews Announces: Early Bird Registration Discount Ends Sept.19 for 9th Annual Inspections Summit, Oct. 22-24, 2014 2FDAnews Announces: Early Bird Registration Discount Ends Sept.19 for 9th Annual Inspections Summit, Oct. 22-24, 2014 3Global Medical Technologies Market 2014-2018: Key Vendors are GE, Johnson & Johnson, Medtronic, Roche and Siemens 2Global Medical Technologies Market 2014-2018: Key Vendors are GE, Johnson & Johnson, Medtronic, Roche and Siemens 3Genomic Health Announces Publication of Colon Cancer Cost-Effectiveness Study in PharmacoEconomics 2Genomic Health Announces Publication of Colon Cancer Cost-Effectiveness Study in PharmacoEconomics 3Genomic Health Announces Publication of Colon Cancer Cost-Effectiveness Study in PharmacoEconomics 4Genomic Health Announces Publication of Colon Cancer Cost-Effectiveness Study in PharmacoEconomics 5
... Advantages of using the Antigen-Antibody Pens-Using a ... and developed specialized fountain pens, called Antigen-Antibody ... or write/mark the blotting membranes in any ... formulated antigen-bonded colored dyes helps to see ...
... Advantages of using the Antigen-Antibody Pens-Using a ... and developed specialized fountain pens, called Antigen-Antibody ... or write/mark the blotting membranes in any ... formulated antigen-bonded colored dyes helps to see ...
... using the Antigen-Antibody Pens-Using a proprietary and ... specialized fountain pens, called Antigen-Antibody pens-TM, that ... the blotting membranes in any form or ... colored dyes helps to see antigen being ...
... Advantages of using the Antigen-Antibody Pens-Using a ... and developed specialized fountain pens, called Antigen-Antibody ... or write/mark the blotting membranes in any ... formulated antigen-bonded colored dyes helps to see ...
Medicine Products: