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Executive Spotlights

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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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Life Science Headlines

Bridge Life Sciences Raises $110M to Advance Drug Development Pipeline

PacBio Names Mark Van Oene as President and Chief Executive Officer

Tarsus to Acquire Alkeus in Up to $800M Deal to Expand Ophthalmology Pipeline

Versa Vascular Appoints Bill Shields as CEO to Drive Next Phase of Growth

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