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Loxo Oncology teams with Illumina on tumor profiling project

Stamford-based Loxo Oncology has entered into a global strategic partnership with San Diego-based Illumina Inc. to commercially develop a multi-gene panel for broad tumor profiling.

Stamford’s Loxo Oncology in multimillion-dollar cancer drug partnership with Bayer

Loxo Oncology will receive an upfront payment of $400 million and will be eligible for $450 million in milestone payments upon regulatory approvals.