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Eli Lilly to Acquire Merida Biosciences in $2.88 Billion Immunology Deal

Eli Lilly logoEli Lilly
Sig3.05Sen+5.20Env0.00Soc+2.20Gov+0.80

Eli Lilly agreed to acquire Merida Biosciences in a deal valued at up to $2.88 billion to expand its immunology pipeline. The acquisition adds Merida’s platform for selectively degrading pathogenic autoantibodies while preserving normal immune function. Merida’s lead autoimmune and allergy candidate is in Phase 1 and is expected to broaden Lilly’s focus beyond diabetes and obesity therapies.

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