BioCentury
ARTICLE | Company News

Centocor, Eli Lilly deal

July 15, 1996 7:00 AM UTC

CNTO and Lilly amended their sales and distribution agreement, under which Lilly no longer will have the exclusive right to buy ReoPro for resale in Japan. The anti-platelet antibody is sold in the U.S. for use in high-risk angioplasty. Lilly received 920,716 CNTO shares in exchange for the rights, and now owns 1.6 million (2 percent) of CNTO’s shares outstanding. ...