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Eli Lilly to buy Kelonia Therapeutics for up to $7bn

By Michele Maatouk

Date: Monday 20 Apr 2026

(Sharecast News) - Eli Lilly said on Monday that it has agreed to buy Boston-based Kelonia Therapeutics, a clinical-stage biotechnology company pioneering in vivo gene delivery, for up to $7bn in cash.
Under the terms of the agreement, Lilly will make an upfront payment of $3.25bn, and subsequent payments upon achievement...

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