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Eli Lilly (LLY) Expands Pipeline with Clazakizumab Agreement, Reuters Reports
Eli Lilly (LLY) has expanded its pipeline by securing development and commercialization rights for clazakizumab, an anti-interleukin-6 monoclonal antibody, from Australia’s CSL. This agreement includes an upfront payment of $100 million to CSL and potential additional milestone payments and royalties. Separately, Eli Lilly has built up $1.5 billion in pre-launch inventory for its experimental oral weight-loss drug, orforglipron, ahead of a possible FDA decision in April.