Lilly Acquires Morphic in Strategic Biotech Acquisition
Monday, 8 July 2024, 11:19
Lilly Acquires Morphic in Strategic Biotech Acquisition
In a significant move, Lilly has announced the acquisition of Morphic for $3.2B, marking its first biotech deal this year. The acquisition is set to strengthen Lilly's biotech portfolio and market position.
This strategic move showcases Lilly's commitment to growth and innovation in the biotech sector, signaling potential opportunities and market impact.
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