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Thursday, March 12, 2020

Eli Lilly, AbCellera Biologics to co-develop coronavirus therapies

Eli Lilly Co and privately-held AbCellera Biologics Inc on Thursday announced they would co-develop antibody products for the treatment of COVID-19, a flu-like disease caused by the fast-spreading coronavirus.
AbCellera and Lilly have committed to equally share initial development costs towards a product, the companies said.
Lilly will be responsible for all further development, manufacturing and distribution.
https://www.reuters.com/article/us-health-coronavirus-lilly/eli-lilly-abcellera-biologics-to-co-develop-coronavirus-therapies-idUSKBN20Z3QC

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