Eli Lilly in new $2.4 billion deal buys Orna Therapeutics

Published:

Eli Lilly in new $2.4 billion deal buys Orna Therapeutics
Photo: Darron Cummings AP/TT

Orna develops treatments that cause the patient's body to generate its own cell therapy against underlying diseases.

Eli Lilly, which is battling Denmark's Novo Nordisk for dominance in the lucrative global market for diet pills, is paying cash. The price of Orna will ultimately be determined by whether the company achieves certain development milestones.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...