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Executive Spotlights

Eli Lilly to Acquire Kelonia Therapeutics in Deal Worth Up to $7B to Boost Cancer Pipeline

  • Apr 22
  • 1 min read

San Diego, CA, April 19, 2026 (Reuters)  -- Eli Lilly has agreed to acquire Kelonia Therapeutics in a transaction valued at up to $7 billion. The deal includes an upfront payment along with additional milestone-based considerations tied to development progress. The acquisition is intended to strengthen Lilly’s oncology portfolio with next-generation cancer therapies.


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