Eli Lilly to Acquire Drug Developer Ventyx for $1.2 Billion, Expanding in Autoimmune Field
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By:格隆汇
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Gelonghui Jan 8th|Eli Lilly will acquire autoimmune drug developer Ventyx Biosciences at a price of $14 per share, with the deal valued at $1.2 billion. Ventyx is developing multiple therapeutic drugs, including oral therapies for inflammatory bowel diseases such as Crohn's disease and ulcerative colitis, as well as medications for immune-related diseases, cardiometabolic diseases, and neurodegenerative diseases. In addition, the company is conducting a mid-stage trial for a drug targeting obesity-related cardiovascular diseases, which could potentially complement Eli Lilly's metabolic and immunology franchises. The transaction is expected to be completed in the first half of this year.
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