Jake Van Naarden, Lilly Oncology president and Loxo Oncology CEO

As Eli Lil­ly steams ahead with a close­ly-watched BTK drug, its ri­vals at Mer­ck are tak­ing a $275M write-down on de­lay

Mer­ck was crys­tal clear from the be­gin­ning that its $2.7 bil­lion in­vest­ment in the Ar­Qule buy­out 2 years ago cen­tered large­ly around the val­ue of …

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