Eli Lilly & Co.’s turnaround in oncology has been a long time coming. It’s been a historic focus for the Indianapolis-based biopharma, and the company has made some sizeable additions in recent years to build out its oncology business. Now the company is leveraging its acquisition of Loxo Oncology Inc. to establish a new cancer R&D unit led by former Loxo execs and incorporating personnel from Lilly Research Laboratories.
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