With the unwinding of its once-lucrative nine-year partnership with Eli Lilly & Co., Amylin Pharmaceuticals Inc. now carries all the risk – and all the reward – of its exenatide franchise for diabetes. [See Deal]] Sales of its flagship exenatide formulation Byetta, once an $800 million drug, are on the decline; meantime, Amylin’s potential launch of successor Bydureon next year is shaping up as a make-or-break moment for a company that has bet the farm on a single compound. With sole ownership of its exenatide franchise, Amlyin now has the freedom to seek a lucrative partnership or opt to sell the company outright to a large pharma seeking an edge in a growing diabetes market.
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on In Vivo for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?