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Loxo Oncology, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2018 10-Q, filed Nov 8, 2018. Its latest SEC filing is a SC 13G/A from Feb 14, 2020.

The sections below describe the company as of the FY2017 annual report.

What Did They Do?

Develops targeted cancer medicines for patients with genetically defined cancers.

Who Were Their Customers?

Loxo develops medicines for patients with genetically defined cancers. For larotrectinib and LOXO-195, Bayer handles commercial activities worldwide, while Loxo and Bayer co-promote in the U.S.

How Were They Changing?

Since the FY2017 annual report
Latest quarter: Q3 FY2018, the three months to Sep 30, 2018
Revenue
Net income
▼ −63% (Loss)
vs −$73.3M in Q3 FY2017
  • Feb 15, 2019 Lilly completed its acquisition of Loxo Oncology Loxo became a wholly owned Lilly subsidiary, and the company requested suspension of trading and delisting of its shares.
  • Jan 7, 2019 Lilly agreed to acquire Loxo Oncology The agreement provided for a cash tender offer for all shares at $235.00 per share.
  • Nov 27, 2018 FDA approved Vitrakvi for tumors with NTRK gene fusions The approval covered adults and children with advanced solid tumors meeting the stated treatment criteria.

Commercial partnership Loxo moved from retaining worldwide commercial rights and evaluating international partnerships to sharing U.S. promotion of its TRK medicines with Bayer, while Bayer handles worldwide commercial activities.

Broader target pipeline The earlier report centered on a TRK inhibitor and described additional targeted candidates; the latest report also lists programs aimed at RET, BTK and FGFR.

Who Did They Compete With?

Competes with Daiichi Sankyo, Plexxikon, Tesaro, Roche, Novartis, Mirati, Ono Pharmaceutical, Chugai Pharmaceutical, Blueprint Medicines, TP Therapeutics, Deciphera, Array, Eisai, Exelixis, AstraZeneca, Ariad, Pfizer, Taiho Oncology, Nerviano Medical Sciences, and Cancer Research UK

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