Lilly Acquires Rights to Nasal Glucagon
Insulin Nation
OCTOBER 16, 2015
One of the biggest pharmaceutical companies is placing a big bet that nasal glucagon is going to get FDA approval in the near future. Eli Lilly and Co. has acquired the worldwide rights to a nasal glucagon product being developed by Locemia Solutions, according to a recent press release. As is often the case in such announcements, financial terms have not yet been disclosed, and both companies have given generic quotes about how the deal was a good thing for everyone.
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