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