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STAT+: Eli Lilly to buy three small vaccine developers
Eli Lilly said Tuesday it would buy three early- and mid-stage vaccine developers, a boost for the field.
The deals — which together could cost up to nearly $4 billion — are the latest acquisitions from Lilly, a company rich with cash from its booming GLP-1 business. In recent months, it’s picked up companies working on cancer, autoimmune diseases, and sleep disorders, all for under $10 billion each.
The companies being bought are Curevo, LimmaTech Biologics, and Vaccine Company.
Eli Lilly said Tuesday it would buy three early- and mid-stage vaccine developers, a boost for the field.
The deals — which together could cost up to nearly $4 billion — are the latest acquisitions from Lilly, a company rich with cash from its booming GLP-1 business. In recent months, it’s picked up companies working on cancer, autoimmune diseases, and sleep disorders, all for under $10 billion each.
The companies being bought are Curevo, LimmaTech Biologics, and Vaccine Company.