Lilly Expands Genetic Medicines Portfolio with Beam's Opt-In Rights Acquisition

TL;DR Summary
Eli Lilly is acquiring Beam Therapeutics' opt-in rights to co-develop and co-commercialize Verve Therapeutics' base editing treatments in the cardiovascular disease space. This move is part of Lilly's ongoing efforts to strengthen its research in genetic medicines, following its previous $60 million upfront payment to Verve for a preclinical-stage program targeting lipoprotein(a).
Topics:business#beam-therapeutics#cardiovascular-disease#eli-lilly#genetic-medicines#pharmaceuticals#verve-therapeutics
- Lilly makes another move for Verve's genetic medicines, this time buying Beam's opt-in rights Endpoints News
- Beam offloads Verve rights to Lilly for up to $600M FierceBiotech
- Eli Lilly to pay $200 million for Beam's share of drugs from gene-editing firm Verve STAT
- Eli Lilly inks gene editing deal with Beam (NYSE:LLY) Seeking Alpha
- View Full Coverage on Google News
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