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Lilly funds second factory line for inhaled insulin

January 8, 2007
Eli Lilly and Co. has agreed to fund a second manufacturing line at an Alkeres Inc. plant to make its Inhaled Insulin System powder. Lilly’s system, to be marketed as an alternative for types 1 and 2 diabetes, is in phase 3 clinical trials.

The deal also makes Cambridge, Mass.-based Alkeres the exclusive manufacturer of the drug. Terms were not disclosed.
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