Eli Lilly in Talks to Buy Kelonia for Over $2 Billion
Eli Lilly is in advanced talks to acquire Kelonia Therapeutics for more than $2 billion. The Wall Street Journal reported the potential deal on Sunday.
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ELI LILLY & CO is reportedly in advanced negotiations to acquire Kelonia Therapeutics for a sum exceeding $2 billion, according to a report from the Wall Street Journal on Sunday. The potential acquisition marks a significant move for the pharmaceutical giant as it continues to expand its presence in the biotechnology sector and bolster its research pipeline.
