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Zealand Pharma partners Eli Lilly for peptide drug R&D

Posted on 30 August 2013

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Zealand Pharma announced an exclusive peptide drug research and development collaboration agreement with pharma partners Eli Lilly and Company.

Under the agreement, Zealand pharma partners Lilly in the design and development of potentially first-in-class peptide therapeutics for the treatment of Type 2 diabetes and obesity based on a novel approach discovered by Lilly.

The pharma partners will share in the funding, risk and reward of the program.

Future expansion between the pharma partners will lead to additional drug targets and disease areas is possible.

No financial terms of the agreement have been disclosed.


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