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Loxo Links And Colorectal Cancer Data Put Array In M&A Spotlight

 
• By Kevin Grogan

Following Lilly's proposed acquisition of Loxo, other possible takeover targets in the precision medicine field have emerged and Array, armed with more positive data on its colorectal cancer triplet, is near the top of the list.

GreenFigure
Array at head of potential M&A target pack • Source: Shutterstock

The chances of Array Biopharma Inc. becoming the next M&A target for big pharma may have increased with more positive data from a late-stage trial of a triplet combination of its BRAF inhibitor Braftovi (encorafenib), MEK inhibitor Mektovi (binimetinib) and Eli Lilly & Co./

Merck KGAA's anti-EGFR antibody Erbitux (cetuximab) for colorectal cancer.

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