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You are here: Industry Insights > overpay

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No bidding war for Loxo, so did Lilly overpay? Don’t rush to judgment, analysts say fiercepharma
January 21, 2019
When Eli Lilly announced during the recent J.P. Morgan Healthcare Conference that it would buy Loxo Oncology for $8 billion—a 68% premium—some analysts assumed there must have been a bidding war for the developer of targeted cancer drugs. But SEC document

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