Topic - Loxo Oncology

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Eli Lilly to buy cancer treatment company Loxo Oncology for $8 billion in cash

Associated Press

FILE - This April 26, 2017, file photo shows the Eli Lilly &amp; Co. corporate headquarters in Indianapolis. Eli Lilly is buying Loxo Oncology for about $8 billion as it continues to broaden its cancer treatment efforts. Loxo Oncology Inc. is a biopharmaceutical company focused on the development and commercialization of highly selective medicines for patients with genomically defined cancers. (AP Photo/Darron Cummings, File)

Eli Lilly to spend about $8B on Loxo Oncology

By The Associated Press - Associated Press