Eli Lilly Deal to Buy Ataibeckley Boosts Psychedelic Stocks

Psychedelic drug developers traded higher in the morning hours on Thursday after Eli Lilly (LLY) agreed to acquire their peer AtaiBeckley (ATAI) in a deal worth up to $3.8B to strengthen its neuroscience portfolio. AtaiBeckley (ATAI) added ~33% after the companies

Psychedelic drug developers traded higher in the morning hours on Thursday after Eli Lilly (LLY) agreed to acquire their peer AtaiBeckley (ATAI) in a deal worth up to $3.8B to strengthen its neuroscience portfolio.

AtaiBeckley (ATAI) added ~33% after the companies

Leave a Reply

Your email address will not be published. Required fields are marked *