AI firm Profluent said on Tuesday it has struck a multi-program research collaboration with U.S. drugmaker Eli Lilly worth up to $2.25 billion to develop AI-designed enzymes for genetic medicines.
Boehringer Ingelheim said on Tuesday its experimental obesity drug led to average weight loss of up to 16.6% in a late-stage trial, as the unlisted German drugmaker seeks to catch up with obesity drug pioneers Eli Lilly and Novo Nordisk.
Get a deeper insight into the potential performance of Lilly (LLY) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
Eli Lilly continued its recent buying spree, agreeing to pay up to $2.3 billion for Ajax Therapeutics in a deal that bolsters the drugmaker's blood-cancer portfolio.
Eli Lilly remains well-positioned in the obesity treatment market despite early script underperformance of Foundayo versus Novo Nordisk's oral Wegovy. LLY's long-term advantage lies in small molecule manufacturing economics, Zepbound switcher potential, and durable gross margin prospects. My updated DCF analysis values LLY at $970.83/share, about 10% above current levels, supporting a continued 'Buy' rating.
Shares of Eli Lilly came under pressure on Friday after early prescription data for its newly launched weight-loss pill suggested a slower rollout compared with rival Novo Nordisk's competing product. According to data from healthcare analytics firm IQVIA, Lilly's Foundayo recorded 3,707 prescriptions in the US during its second week on the market, up from 1,390 in its debut week, which covered only two days.
Lilly (LLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Eli Lilly (LLY) concluded the recent trading session at $903.02, signifying a -1.83% move from its prior day's close.
Eli Lilly is set to acquire Kelonia Therapeutics in a $7B deal, boosting its genetic medicine platform with a novel in vivo CAR-T therapy for cancer.
Eli Lilly: We Haven't Reached Its Peak Yet (Rating Upgrade)
Eli Lilly is upgraded to Buy after a 13% pullback and strong Q4 guidance, with potential for 25% topline growth in 2026. LLY's acquisition of Kelonia and Orna Therapeutics positions it at the forefront of in vivo CAR-T therapies, targeting major market expansion. The weight loss franchise drives 56% of LLY revenue but faces pricing, legal, and regulatory risks; monitoring volume vs. price dynamics is critical.
Eli Lilly and Co (NYSE:LLY) has agreed to acquire private clinical-stage biotechnology firm Kelonia Therapeutics in a deal aimed at expanding its capabilities in genetic medicines, the companies announced on Monday. The transaction centers on Kelonia's in vivo gene delivery platform, known as iGPS, which uses engineered lentiviral-based particles designed to modify T-cells inside the body.