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Eli Lilly Profit Weighed Down by Charges

... Last month, Lilly agreed to acquire Hypnion Inc., a closely held neuroscience drug-discovery company that focuses on sleep disorders.

Hypnion is developing a compound, HY10275, which is of interest to Lilly.

The compound is undergoing testing.

-Mike Barris and Josee Rose; 201-938-5658; mike.barris@dowjones.com; josee.rose@dowjones.com (END) Dow Jones Newswires 04-16-07 0713ET Copyright (c) 2007 Dow Jones & Company, Inc.

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