Pharma Industry
Industry: Email Alert RSS FeedEli Lilly, BI form drug pact in stress urinary incontinence. (Life Sciences).(Boehringer Ingelheim GmbH)
Chemical Market Reporter, December, 2002 by Krause, Carey
ELI LILLY and Company has inked a long-term agreement with Boehringer Ingelheim GmbH (BI) to jointly commercialize duloxetine, a key player in Lilly's crowded pipeline. The pact, Lilly's first major copromotion deal for an in-house product, lays the groundwork for mining a potentially lucrative yet untapped market, stress urinary incontinence (SUI.) The deal also fortifies Lilly's footprint in Europe, which is somewhat weaker than its US competitors' and provides near-term earnings ahead of new product launches.
Analysts estimate duloxetine will reach sales of $1 billion by 2005. Lilly and BI will commercialize duloxetine to treat SUI on a worldwide basis, excluding Japan. Lilly filed duloxetine for SUI in the US in the fourth quarter of 2002. A...
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