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Eli Lilly to buy Merida Biosciences in deal worth up to $2.88 billion

Summary by WTVB
Aug 31 (Reuters) - Eli Lilly said on Monday it would ​acquire privately held ‌Merida Biosciences for up to $2.88 billion in cash, as it seeks to ‌expand ​its pipeline ⁠of potential treatments ⁠for immunity-related and allergic diseases. Lilly has been ...

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Eli Lilly continues its rapid pace of acquisitions and has announced an agreement to buy the biotechnology company Merida Biosciences for up to US$2.87 billion, strengthening the pharmaceutical company's immunology portfolio. Exclusive content for subscribers. For full access, follow the link to the article and register.

·Rio de Janeiro, Brazil
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The US pharmaceutical company acquires Merida Biosciences and thus continues its shopping tour. The race on the market for weight loss medications is getting closer

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(Teleborsa) - Eli Lilly, a US pharmaceutical giant, has reached a final agreement for the acquisition of Merida Biosciences, a biotechnology company engaged in the development of a new class of...

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WTVB broke the news on Monday, August 31, 2026.
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