Eli Lilly reaps rewards of Novo acquisition

By acquiring Dicerna, Novo Nordisk has sent DKK 700m (USD 107m) into the hands of its competitor Eli Lilly in the form of returns on shares in the acquired company, which Lilly co-owns.

by marketwire, translated by daniel pedersen

On Thursday, Novo Nordisk annouced that it is acquiring the US-based biotech company Dicerna for USD 3.3bn.

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Eli Lilly and Boehringer drug gets head start at FDA
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Novo Nordisk acquires Dicerna for USD 3.3bn
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