Eli Lil­ly part­ner Chi-Med sees shares tank as its new­ly ap­proved can­cer drug flunks PhI­II lung can­cer tri­al

Shares of Hutchi­son Chi­na MediTech — bet­ter known as Chi-Med — took a nasty hit Fri­day morn­ing with the news that their lead drug fruquin­tinib failed a …

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