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Lilly and Investor Group Form New Critical Care Company BioCritica, Sign Xigris License Agreement
Date:5/23/2011

eton, New Jersey. It manages approximately $500 million in capital and invests in entrepreneurial biotechnology and specialty pharmaceutical companies that are developing pharmaceutical assets across all therapeutic areas. For more information, please visit www.carecapital.com.

About NovaQuest

NovaQuest manages private equity and other investments in the global biopharmaceutical sector, where its principal focus is investing in late-stage clinical assets and commercial phase biopharmaceutical products. Over the past decade, the team has worked together to invest approximately $882 million. For more information, please visit www.nqcapital.com.

This press release contains forward-looking statements about the benefits of a collaboration between Lilly and BioCritica and the potential of BioCritica's future product pipeline. It reflects Lilly's and BioCritica's current beliefs; however, as with any such undertaking, there are substantial risks and uncertainties in the process of implementing the transaction and in drug development.  There is no guarantee Lilly or BioCritica will realize the expected benefits of the transaction, or that BioCritica will develop a pipeline that will yield commercially successful products.  For further discussion of these and other risks and uncertainties, please see Lilly's latest Form 10-Q and 10-K filed with the U.S. Securities and Exchange Commission. The companies undertake no duty to update forward-looking statements.

Xigris® (drotrecogin alfa (activated)), Lilly

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