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Eli Lilly Acquires Merida Biosciences in Nearly $3 Billion Cash Deal

Pharmaceutical giant Eli Lilly has agreed to acquire autoimmune-focused biotech firm Merida Biosciences in an all-cash transaction valued at up to $2.9 billion. The acquisition expands Lilly’s pipeline in inflammatory and immune-mediated diseases.

31 Aug, 10:48 — 31 Aug, 11:23
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