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LLY / Eli Lilly to sell hypoglycemia treatment for up to $1.1 billion in cash and milestone payments to Amphastar

Shares of Eli Lilly & Co. LLY gained 0.5% in premarket trading Monday, after the drugmaker announced an agreement to sell its hypoglycemia treatment for people with diabetes Baqsimi to Amphastar Pharmaceuticals Inc. AMPH for up to $1.075 billion in cash and potential milestone payments. Under terms of the agreement, Amphastar will pay $500 million in cash upfront and another $125 million in cash one year after the deal closes, which is expected to occur in the third quarter of 2023. Read More

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Lilly

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Hypoglycemia

Treatment

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Cash

Milestone

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LLY

Posted: Apr 24 2023, 06:54

Author Name: Market Watch

LLY News

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Novo Nordisk delivered sizzling Q3 growth, thanks mainly to soaring sales for Ozempic. However, Eli Lilly's Q3 results looked even better than Novo No

By CNBC Television
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Expect Eli Lilly's momentum to continue, says Bank of America's Geoff Meacham

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Compared to Estimates, Lilly (LLY) Q3 Earnings: A Look at Key Metrics

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By Yahoo Finance
November 2, 2023

Novo Nordisk, Eli Lilly stocks see boost on obesity drugs

Novo Nordisk (NVO) shares rose as the drugmaker's third-quarter profits jumped 56% year-over-year, fueled by surging demand for its obesity drugs Ozem

By The Motley Fool
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Why Eli Lilly Stock Is Jumping Today

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By CNBC Television
November 2, 2023

Eli Lilly results top estimates on Mounjaro strength but slashes full-year profit outlook

CNBC's Joe Kernen reports on the company's quarterly earnings results.

By Barrons
November 2, 2023

Eli Lilly Stock Falls as Earnings Guidance Slashed Dramatically

Lilly slashes its guidance for full-year earnings to a range of $6.50 to $6.70 a share, having raised its outlook in August to a range of $9.70 to $9.

By Market Watch
November 2, 2023

Eli Lilly's stock drops after surprise profit is reported but full-year outlook was slashed

Shares of Eli Lilly & Co. LLY, +0.10% dropped 1.8% in premarket trading Thursday, after the drug giant reported a surprise third-quarter profit but sl

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