News Related to Eli Lilly and Company

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Lilly expands Insilico collaboration in deal worth up to $2.75 billion

Apr 22, 2026

Eli Lilly and Co. expanded its collaboration with Hong-Kong listed Insilico Medicine Inc. in a deal worth up to $2.75 billion. The move deepens Lilly's investment in artificial intelligence-driven drug discovery and could broaden its reach into next-generation metabolic therapies.

Biopharma Manufacturing and R&D Shift Overseas Despite US Tariffs

Apr 07, 2026

Biopharma companies are increasingly outsourcing FDA-approved drug manufacturing to Europe despite 15% U.S. tariffs, with Europe recording triple the U.S. deal volume in 2025. Simultaneously, nearly half of pharma companies offshored R&D activities last year, citing talent access and lower costs. Major investments by companies like Novo Nordisk, Eli Lilly, and AstraZeneca highlight the ongoing shift of pharmaceutical operations overseas.

Drugmakers see little financial impact from Trump pricing deals

Apr 06, 2026

Big drug companies said Trump administration pricing deals had little to no noticeable impact on earnings, though details remain confidential. Novo Nordisk and Eli Lilly described bigger effects tied to lower GLP-1 cash-pay prices and expanded Medicare coverage.

Trump Imposes 100% Tariffs on Drugmakers Without Price Deals

Apr 03, 2026

President Trump imposes 100% tariffs on imported branded drugs from companies refusing price cuts or U.S. production moves. Sixteen major pharmaceutical firms have secured tariff exemptions by agreeing to align U.S. prices with other developed nations and invest in domestic manufacturing. The policy aims to reduce prescription drug costs and rebuild domestic pharmaceutical production capacity.

Global Cancer Drug Markets Show Strong Growth Through 2030s

Apr 01, 2026

The liposomal doxorubicin market is projected to grow from $1.32 billion in 2025 to $1.77 billion by 2030, while the broader breast cancer drugs market is expected to reach $54.49 billion by 2036. Growth is driven by increasing cancer incidence, adoption of targeted therapies, and advancements in drug delivery systems including liposomal formulations and antibody-drug conjugates.

Oncolytics Biotech Receives FDA Fast Track Designation for Pelareorep in Colorectal Cancer

Apr 01, 2026

Oncolytics Biotech received FDA Fast Track Designation for pelareorep in KRAS-mutant colorectal cancer based on data showing 33% response rate and 27-month median survival. The company is launching a Phase 2 study and recently completed reincorporation from Canada to Nevada. This marks the second Fast Track Designation for pelareorep in gastrointestinal cancers.