Eli Lilly buys out Cialis partner Icos (The Clarion-Ledger)
Source: Yahoo! News
Date: 2006-10-18 10:16:06
Eli Lilly buys out Cialis partner Icos (The Clarion-Ledger)
Eli Lilly buys out Cialis partner IcosThe Associated PressINDIANAPOLIS Eli Lilly and Co. will gain full ownership of the impotence treatment Cialis with a $2.1 billion acquisition of joint venture partner Icos Corp., the companies said Tuesday.Sidney Taurel, Lilly's chairman and chief executive, said the U.S. market for impotence drugs has grown 10 percent since midyear, and Cialis' market share has grown by a couple of percentage points.Indianapolis-based Lilly and Icos, a Bothell, Wash.-based biotech firm, lau ...
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