Eli Lilly to buy Ajax Therapeutics for up to $2.3 billion

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Eli Lilly to buy Ajax Therapeutics for up to $2.3 billion

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, on March 5, 2021. Mike Segar | Reuters Eli Lilly said on Monday ​it would buy ​privately ​held blood …

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured in Branchburg, New Jersey, on March 5, 2021. Mike Segar | Reuters Eli Lilly said on Monday ​it would buy ​privately ​held blood cancer treatment developer Ajax Therapeutics for up to $2.3 billion in ⁠cash. Ajax's ‌lead asset, AJ1-11095, is ⁠an experimental once-daily oral treatment that is in early-stage testing for previously treated patients ‌with myelofibrosis - a rare, chronic blood cancer where scar tissue ​builds up …

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