Eli Lilly Acquires AtaiBeckley for $2.8 Billion to Expand Neuroscience Pipeline
Deal targets treatment-resistant depression market as Lilly diversifies beyond its dominant GLP-1 drug portfolio. Eli Lilly (LLY) agreed to acquire clinical-stage biotech AtaiBeckley for $2.8 billion in cash, bolstering its neuroscience business. The deal includes BPL-003,