Breaking News, Collaborations & Alliances

Lilly, Sitryx Enter Autoimmune Alliance

To develop disease-modifying therapeutics in immuno-oncology and immuno-inflammation.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Eli Lilly and Co. entered an exclusive global licensing and research collaboration with Sitryx, a biopharma company focused on regulating cell metabolism to develop disease-modifying therapeutics in immuno-oncology and immuno-inflammation. The collaboration will study up to four preclinical targets identified by Sitryx that could lead to potential new medicines for autoimmune diseases. Sitryx will receive $50 million upfront and Lilly will make a $10 million equity investment in Sitryx. Sitry...

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