Eli Lilly in advanced talks to acquire Kelonia Therapeutics for over $2 billion, WSJ says

Eli Lilly in advanced talks to acquire Kelonia Therapeutics for over $2 billion, WSJ says

A deal could be reached as soon as Monday and could include additional payments tied to Kelonia meeting certain milestones, The Wall Street Journal reported.

Eli Lilly in advanced talks to acquire Kelonia Therapeutics for over $2 billion, WSJ says - Regional Media News

April 19 (Reuters) - Eli Lilly is in advanced talks to acquire Kelonia Therapeutics for more than $2 billion, the Wall Street Journal reported on Sunday. Reuters could not immediately verify the report. (Reporting by Mihika Sharma in Bengaluru; Editing by Lisa Shumaker) Brought to you by www.srnnews.com