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With 6 rivals in the U.S., why would Lilly shell out up to $1B for Innovent's P

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With 6 rivals in the U.S., why would Lilly shell out up to $1B for Innovent's P

Eli Lilly, on the heels of detailing a clinical win in China for PD-1 inhibitor Tyvyt, has decided to take a bigger stake in the drug developed by partner Innovent Biologics. But if approved in the U.S., Tyvyt would face some entrenched competitors—and even more rivals could be on their way.

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With 6 rivals in the U.S., why would Lilly shell out up to $1B for Innovent's P

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With 6 rivals in the U.S., why would Lilly shell out up to $1B for Innovent's P

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