Pharma BD Deal Intelligence

Eli Lilly and Company / Loxo Oncology, Inc.

2019 · Acquisition/Merger · $8.0B · Complete

WRONG BY 30 POINTS
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Top 25 most underrated deals we track

Ranks computed across 828 graded deals (Critic + Outcome Score both present).

The coverage arc

Jan 18, 2019 BioProcess International Bearish

Lilly's speedy $8 billion Loxo Oncology acquisition was 'not competitive,' according to analyst assessments, with the deal announced at J.P. Morgan Healthcare…

Jun 01, 2025 Fierce Pharma Neutral

Retevmo (selpercatinib) generated worldwide sales of $364 million in 2024 ($456 million in 2023); not a major sales driver given the rarity of the RET…

Dec 01, 2025 Eli Lilly Press Release Bullish

U.S. FDA approves expanded indication for Lilly’s Jaypirca (pirtobrutinib), the first and only non-covalent (reversible) BTK inhibitor, for adults with…

Source summaries from our enrichment pipeline; follow links for originals.

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Eli Lilly acquired Loxo Oncology for approximately $8 billion ($235 per share) in an all-cash tender offer, gaining a precision oncology pipeline anchored by Vitrakvi (larotrectinib), the first tumor-agnostic TRK inhibitor approved by the FDA, and the RET inhibitor selpercatinib (LOXO-292).

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Loxo Oncology, Inc. (this deal)2019$8.0B88
Eli Lilly and Company / Boehringer Ingelheim GmbH2011$444M89
Eli Lilly and Company / Applied Molecular Evolution Inc.2003$400M88
Eli Lilly and Company / ICOS Corporation2006$2.3B87
Eli Lilly and Company / Novartis Animal Health2014$5.4B70
Eli Lilly and Company / Incyte Corporation2009$755M69
Eli Lilly and Company / Hanmi Pharmaceutical Co. Ltd.2026$1.3B65

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