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Lilly Provides Additional Funding to Infectious Disease Research Institute to Identify New Tuberculosis Therapies
Date:11/17/2011

SEATTLE, Nov. 17, 2011 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced that it is providing more than $4 million in additional funding to the Infectious Disease Research Institute. The funding will allow IDRI to continue its early phase drug discovery efforts focused on identifying new and better therapies in the fight against tuberculosis, including multidrug-resistant strains known as MDR-TB. In addition, Lilly will provide more than $1 million in-kind for volunteer time from Lilly scientists and access to the company's drug discovery expertise, chemical libraries, and research tools.  

These additional commitments bring Lilly's total support of early stage TB drug discovery efforts through IDRI to more than $20 million – and Lilly's total funding of TB and MDR-TB efforts to more than $170 million.

IDRI is a member of the Lilly TB Drug Discovery Initiative, a not-for-profit public-private partnership focused on accelerating early stage drug discovery for potential new treatments for TB. TB and MDR-TB disproportionately affect people in countries with developing economies.

"While preventable and treatable, nearly 1.5 million people die from TB and MDR-TB every year," said John C. Lechleiter, Ph.D., Eli Lilly and Company chairman, president and chief executive officer. "Today's TB drugs are decades old and must be taken for extended periods of time, which present challenges for patients and health care providers. More effective medicines with fewer side effects are desperately needed."

Lechleiter will address the company's new funding commitment to IDRI on Friday morning during a speech at the Washington Biotechnology and Biomedical Association (WBBA) meeting in Bellevue. During his speech, Lechleiter also will address multiple other issues important to the biopharmaceutical industry, including public policies supporting an e
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