Eli Lilly to acquire three small vaccine developers
Eli Lilly announced Tuesday that it would buy three early- and mid-stage vaccine developers, giving the field a boost.
The deals — which together could cost nearly $4 billion — are the latest acquisitions by Lilly, a company rich in cash from its booming GLP-1 business. In recent months, it has acquired companies working on cancer, autoimmune diseases and sleep disorders, all for less than $10 billion each.
The companies acquired are Curevo, LimmaTech Biologics and Vaccine Company.
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