The first drug from Eli Lil­ly's new-look on­col­o­gy group gets speedy re­view as Bilenker's team hones fo­cus

The first drug from Eli Lil­ly’s Loxo buy­out is near­ing the fin­ish line.

The phar­ma gi­ant has re­ceived pri­or­i­ty re­view for its RET in­hibitor selper­ca­tinib, set­ting it up for an FDA de­ci­sion some­time be­tween Ju­ly and Sep­tem­ber. That will give it a fur­ther leg up on Blue­print Med­i­cines in the race to get the first of this new class of can­cer drugs ap­proved. Blue­print has yet to sub­mit an NDA, al­though it plans to this quar­ter.

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