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Eli Lilly Hit With $90M Verdict In Nektar's Rezpeg Breach Suit

Medical bottles and syringe are seen with Eli Lilly and Company logo as the word LILLY in red cursive lettering on a white background in this photo illustration

By Bonnie Eslinger

A California federal jury on Thursday found Eli Lilly breached the implied covenant of good faith and fair dealing in an agreement to co-develop Nektar Therapeutics' autoimmune-disease drug Rezpeg, awarding Nektar $90 million — a considerable sum that fell short of the $1 billion the clinical-stage biotech company had sought.


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