Lilly Taps Loxo Execs To Bring Back That Biotech Feeling

Dec 05 2019

• By Joseph Haas

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Almost a year after acquiring Loxo Oncology, Lilly is combining its Lilly Research Laboratories staff with a group headed by three top Loxo execs to lead cancer R&D and business development.

Playing_Cards — Lilly is looking to Loxo's old executive team to reshuffle its cancer R&D engine

Eli Lilly & Co.’s turnaround in oncology has been a long time coming. It’s been a historic focus for the Indianapolis-based biopharma, and the company has made some sizeable additions in recent years to build out its oncology business. Now the company is leveraging its acquisition of Loxo Oncology Inc. to establish a new cancer R&D unit led by former Loxo execs and incorporating personnel from Lilly Research Laboratories.

Big pharmas have a history of trying to replicate the nimbleness and efficiency of a biotech company within their larger...

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