CNBC spoke to executives from Eli Lilly, Novo Nordisk, Pfizer and other drugmakers at the annual JPMorgan Healthcare Conference in San Francisco.
Eli Lilly (NYSE: LLY) delivered a gain worthy of a technology growth stock last year. The pharma giant's shares soared 39%, which is a pretty impressive 12-month gain for a company in this industry.
The cash injection will also allow Corxel to start phase 2 testing in type 2 diabetes and help to fund a phase 3 programme in obesity, with some also earmarked for two other programmes – an ...
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Corxel Pharmaceuticals has raised $287m to fund its suite of cardiometabolic assets, signifying that investor appetite for weight loss drug pipelines is showing no signs of slowing.