China's Innovent Biologics gains commercialization rights for Eli Lilly breast cancer drug

Eli Lilly and Company

Eli Lilly and Company

LLY

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- Innovent Biologics 1801.HK has entered into an agreement that grants it sole commercialization rights for Eli Lilly's LLY.N breast cancer drug Verzenios in mainland China, the Chinese drugmaker said Tuesday.

Lilly will continue manufacturing, supplying and developing the drug, it said in a statement.