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-0.000260445528094884 0.000110717056411446 -0.00180649451401972 -0.00140751413055535 -0.00313642912556804 -0.000321400864457583 0.000338025047101795 7.75795190069116E-05
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Eli Lilly Invests Weight-Loss Windfall in Next-Gen Cancer Treatment [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
Eli Lilly is stocking its medicine cabinet with treatments that go beyond blockbuster GLP-1 drugs. On Monday, the pharma giant announced it'll buy blood cancer treatment-maker Kelonia Therapeutics in a deal worth as much as $7 billion. Lilly will pay about $3.3 billion up front under the terms of the agreement, expected to close in the back half of the year, and the rest if Kelonia hits specified regulatory and commercial milestones. Kelonia is developing a next-gen blood cancer treatment that reprograms T cells to help patients' immune systems fight cancer. The revolutionary aspect of Kelonia's treatment is that it'll reprogram its cells within the body. Current treatments extract cells, modify them outside the body, and then reintroduce them. Unlike current treatments, Kelonia's therapy won't require patients to undergo chemotherapy preemptively. Sign up for The Daily Upside at no cost for premium analysis on all your favorite stocks. READ ALSO: Blowout Earnings Reports Giv Show less Read more
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