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Drug Discovery
Lilly and Sitryx sign immunotherapy pact
by Michael McCoy
April 3, 2020
| A version of this story appeared in
Volume 98, Issue 13
Eli Lilly and Company will invest $60 million in cash and stock in Sitryx, a British biotech firm developing immuno-oncology and immuno-inflammation drugs that work by regulating cell metabolism. Under the pact, Lilly gets the right to develop four Sitryx therapies, including its two lead projects. Sitryx launched in 2018 with $30 million in funding from GlaxoSmithKline and others.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
The power is now in your (nitrile gloved) hands
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