GO
Loading...

Insights from Amylin CEO on Split with Lilly

Tuesday, 8 Nov 2011 | 5:58 PM ET

An ongoing battle between pharmaceutical giants Amylin and Eli Lilly ended Tuesday with the companies terminating a decade long drug partnership.

Investors didn't hesitate to hit the sell button, worried that marketing costs for Amylin were about to increase sharply.

Why should you make of these developments?

Don't make a move until you hear from Amylin CEO Dan Bradbury. Watch the video now!

Amylin CEO on Exenatide
Dan Bradbury, Amylin CEO, discusses paying Lilly $250M upfront and $1.2B of future sales for the rights to Exenatide, the once weekly version of diabetes drug, Byetta, that's pending FDA approval.





______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.


Trader disclosure: On November 8, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour is long BAC; Seymour is long GLD; Seymour is long FCX; Seymour is long INTC; Finerman owns AAPL; Finerman owns BAC; Finerman owns GOOG; Finerman owns MSFT; Finerman’s firm has short calls AAPL; Finerman’s firm has short calls IBM; Finerman’s firm owns MSFT; Finerman’s firm has short calls WMT; Adami Owns AGU; Adami Owns C; Adami Owns GS; Adami Owns INTC; Adami Owns MSFT; Adami Owns NUE; Adami Owns BTU; Terranova is long CAT; Terranova is long CVI; Terranova is long VRTS; Terranova is long APC; Terranova is long F; Terranova is long EMC; Terranova is long AAPL; Terranova is long IBM; Terranova is long JOYG; Terranova is long LULU; Najarian has long call spreads AAPL; Najarian has long call spreads AKS; Najarian has long call spreads BAC; Najarian has long call spreads WFC; Najarian has long call spreads JPM; Najarian has long call spreads RAX; Najarian has long call spreads ANR; Najarian has long call spreads MRVL; Najarian is long CBOE; Najarian is long CME; Najarian is long CIGX

For Mike Khouw
Cantor Fitzgerald is a market maker AAPL
Cantor Fitzgerald is a market maker AKAM
Cantor Fitzgerald is a market maker AKS
Cantor Fitzgerald is a market maker AMLN
Cantor Fitzgerald is a market maker ANR
Cantor Fitzgerald is a market maker BAC
Cantor Fitzgerald is a market maker C
Cantor Fitzgerald is a market maker CLD
Cantor Fitzgerald is a market maker DISH
Cantor Fitzgerald is a market maker DYN
Cantor Fitzgerald is a market maker FCX
Cantor Fitzgerald is a market maker GDX
Cantor Fitzgerald is a market maker GM
Cantor Fitzgerald is a market maker GMCR
Cantor Fitzgerald is a market maker GOOG
Cantor Fitzgerald is a market maker GS
Cantor Fitzgerald is a market maker INTC
Cantor Fitzgerald is a market maker JPM
Cantor Fitzgerald is a market maker LLY
Cantor Fitzgerald is a market maker LULU
Cantor Fitzgerald is a market maker MRVL
Cantor Fitzgerald is a market maker MS
Cantor Fitzgerald is a market maker NEM
Cantor Fitzgerald is a market maker NFLX
Cantor Fitzgerald is a market maker NILE
Cantor Fitzgerald is a market maker ORCL
Cantor Fitzgerald is a market maker PFE
Cantor Fitzgerald is a market maker SMH
Cantor Fitzgerald is a market maker TLT
Cantor Fitzgerald is a market maker TOL
Cantor Fitzgerald is a market maker XLF
Cantor Fitzgerald is a market maker XLU

For David Riedel
No disclosures

For Dan Clifton
No disclosures

For Dan Bradbury
No disclosures



CNBC.com with wires.

  Price   Change %Change
LLY
---

Featured

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report