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Eli Lilly to Acquire Seattle-Area Biotech in $1.5 Billion Bet on Next-Generation Shingles Vaccine
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4 Articles
Eli Lilly to acquire Seattle-area biotech in $1.5 billion bet on next-generation shingles vaccine
Eli Lilly agreed to acquire Bothell, Wash.-based Curevo Vaccine for up to $1.5 billion in cash. The deal centers on a next-generation shingles vaccine that reduced side effects by more than half in a Phase 2 study.
Eli Lilly to Acquire Bothell Vaccine Company Curevo to Advance Shingles Prevention
Bothell-based Curevo Vaccine, a privately held clinical-stage biotechnology company dedicated to developing vaccines with improved tolerability, has agreed to be acquired by Indianapolis-based Eli Lilly and Co. for $1.5 billion.
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