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Erbitux is a drug approved to treat colorectal and head & neck cancer. The drug is a chimeric (mouse/human) monoclonal antibody, and functions by inhibiting an epidermal growth factor receptor (EGFR).[citation needed]

Three different companies have a share of Erbitux revenues:

  • Eli Lilly and Company (LLY), which purchased ImClone, the original inventor of Erbitux, in 2008, and sells Erbitux in the U.S. with ImClonne's original partner Bristol-Myers Squibb.
  • Bristol-Myers Squibb Company (BMY), which is ImClone's (now Eli Lilly's) manufacturing and sales partner in the United States.
  • Merck KGaA has the rights to sell Erbitux outside of the U.S.
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