ARTICLE | Finance
Ebb & Flow
August 4, 2008 7:00 AM UTC
Lilly’s project finance
Eli Lilly (NYSE:LLY) pulled a play from the biotech book when it did a deal with hedge fund TPG-Axon and Quintiles’ NovaQuest unit for $300 million in funding to conduct trials of its two lead candidates for Alzheimer’s disease (AD), gamma secretase inhibitor LY450139 and an unnamed antibody against beta amyloid...