Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ELI LILLY AND COMPANY

(LLY)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PharmStars Announces Showcase Event for Inaugural Class

11/17/2021 | 08:01am EST

PharmStars, a pharma-focused accelerator for digital health startups, announces the start of its 2021 Showcase Event. At the Showcase Event, the 12 startups in the accelerator’s current cohort will pitch their digital health solutions to PharmStars’ pharma members. The startups and pharma members will also have the opportunity to meet privately to discuss potential partnership opportunities.

Boston, MA November 17, 2021 --(PR.com)-- PharmStars, a pharma-focused accelerator for digital health startups, is pleased to announce the start of PharmStars’ Showcase Event. At the Showcase Event, the 12 startups in the accelerator’s current cohort will pitch their digital health solutions to PharmStars’ pharma members. PharmStars’ pharma members include Boehringer Engelheim, Eli Lilly and Company, Novo Nordisk, and Sumitovant BioPharma. The startups and pharma members will also have the opportunity to meet privately to discuss potential deals and partnership opportunities. The Showcase is the culmination of PharmStars’ 10-week PharmaU educational program.

PharmStars focuses on bridging the “pharma-startup gap.” Its mission is to help pharma and startups overcome partnership barriers, leading to greater success and faster adoption of digital solutions which improve patient outcomes. PharmStars provides education and mentorship to startups to help them more effectively engage with pharma as clients and partners. Pharma members receive priority access to a group of curated digital health startups that align with the members’ digital health strategies.

PharmStars founder and CEO Naomi Fried says, “The 12 digital health startups in our cohort have been learning about how pharma firms are structured and function. It is wonderful to see them applying all their new knowledge to their business models and pharma value propositions.” Fried says, “The PharmStars team is delighted by our startups’ progress and look forward to seeing the partnerships with our six pharma members that will emerge from this Showcase.”

Startup participants say they have been preparing for this event, and are eager to put what they learned into practice. “We are excited to share the result of many hours spent in class, working on our pitch, and talking through new ideas,” one startup participant says. “In the end, we are confident this hard work will pay off!”

The CEO of another participating startup echoed a similar sentiment. “My team is exceptionally pleased to be part of the PharmStars Showcase. One of the many pearls we took away from the very comprehensive program was exposure to and a great understanding and appreciation for how pharma views startups and collaborations,” says one of the CEOs who participated in PharmaU. “We now have a better sense of how best to position our company and product for this critical customer base."

The six PharmStars pharma members have also eagerly awaited the Showcase event. It is their first opportunity to hear from the startups directly. “We have been looking forward to this event and are excited to hear about the innovative solutions these startups have to offer,” says Martin Ebro, Senior Innovation Lead at Novo Nordisk.

The Director of External Innovation, Connected Health and Devices at Eli Lilly and Company, Jim Parshall, says, “We know these startups have been very busy in their PharmaU classes and we appreciate the investment PharmStars has made in these promising digital health companies. The Showcase is where we will see all of the startups’ hard work pay off.”

Steve Prewitt, Global Head of Innovation at Sumitovant, says, “We have access to 12 outstanding digital health startups through PharmStars. It is a wonderful opportunity for us to partner on our innovation efforts in an efficient and effective way.”

The identities of the digital health startup participants will be shared publicly in a few weeks.

Planning is underway for PharmStars 2022 accelerator program. Details on the cohorts’ timing and themes will be announced shortly. PharmStars is currently still accepting pharma and biotech membership for 2022. Information regarding future cohorts and pharma membership can be found at www.pharmstars.com.

About PharmStars
PharmStars is the only member-based, pharma-focused accelerator for digital health startups. Through our extensive expertise across pharma, startups, digital health, and innovation, we understand the challenges that pharma and startups face when seeking to collaborate. Our PharmaU program supports digital health startups and our pharma members in “bridging the gap,” leading to greater success and faster adoption of “beyond the molecule” solutions for patients.

Contact Information:
PharmStars
Naomi Fried
617-333-8723
Contact via Email
www.PharmStars.com
Sumitovant Biopharma
Maya Frutiger
VP, Corporate Communications
media@sumitovant.com

Read the full story here: https://www.pr.com/press-release/849175

Press Release Distributed by PR.com

Copyright © 2021 PR.com and its licensors , source US Press Releases

Stocks mentioned in the article
ChangeLast1st jan.
ELI LILLY AND COMPANY -2.22% 244.12 Delayed Quote.-11.62%
NOVO NORDISK A/S -3.98% 624.7 Delayed Quote.-15.01%
All news about ELI LILLY AND COMPANY
01/14Pieris Doses First Patient in Phase 2 Gastric Cancer Trial of Cinrebafusp Alfa
MT
01/14WHO recommendation on Merck's oral pill likely in early February
RE
01/13GSK-Vir, Eli Lilly's COVID-19 Treatments Recommended by WHO
MT
01/13WHO recommends Eli Lilly, GSK-Vir's drugs, widening COVID-19 treatment pool
RE
01/12Biogen shares slide as Medicare proposal restricts coverage of Alzheimer's treatments
RE
01/06Lilly to Participate in the J.P. Morgan Healthcare Conference
PR
01/06Eli Lilly Sets Neurology Collaboration With Entos Pharmaceuticals
DJ
01/06Eli Lilly, Entos Pharmaceuticals Partner To Develop Therapies For Multiple Neurologic I..
MT
01/06Eli Lilly, Entos to Jointly Develop Therapies for Multiple Neurologic Indications
MT
01/06Lilly and Entos Pharmaceuticals Enter into Research and Collaboration Agreement to Supp..
PR
More news
Analyst Recommendations on ELI LILLY AND COMPANY
More recommendations
Financials (USD)
Sales 2021 27 953 M - -
Net income 2021 6 022 M - -
Net Debt 2021 11 909 M - -
P/E ratio 2021 38,0x
Yield 2021 1,36%
Capitalization 221 B 221 B -
EV / Sales 2021 8,34x
EV / Sales 2022 8,22x
Nbr of Employees 35 000
Free-Float -
Chart ELI LILLY AND COMPANY
Duration : Period :
Eli Lilly and Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ELI LILLY AND COMPANY
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 244,12 $
Average target price 284,18 $
Spread / Average Target 16,4%
EPS Revisions
Managers and Directors
David A. Ricks Chairman, President & Chief Executive Officer
Anat Ashkenazi Chief Financial Officer & Senior Vice President
Timothy J. Garnett Chief Medical Officer & VP-Global Medical
Daniel M. Skovronsky Chief Scientific Officer & Senior Vice President
Diogo Rau Senior VP, Chief Information & Digital Officer
Sector and Competitors
1st jan.Capi. (M$)
ELI LILLY AND COMPANY-11.62%221 317
JOHNSON & JOHNSON-1.35%441 855
ROCHE HOLDING AG-3.72%323 901
PFIZER, INC.-6.94%308 427
ABBVIE INC.0.35%240 202
NOVO NORDISK A/S-15.01%218 444