for about $487 million in cash as the drugmaker aims to bolster its arsenal of gene therapies that target a range of disabilities.
Shares of Akouos, which is developing gene therapies for sensorineural hearing loss, soared 84% to trade 40 cents above Lilly's offer price of $12.50 before the opening bell. The deal also includes a payment of $3 per share contingent on certain events related to drug trials and has the potential to increase the transaction size to $610 million, the companies said on Tuesday.
Eli Lilly has been striving to build its pipeline of gene therapies, following the acquisition of Prevail Therapeutics Inc for $1 billion last year.in a new research hub in Boston, Massachusetts earlier this year that focuses on developing gene therapies.Reporting by Leroy Leo in Bengaluru; Editing by Shinjini Ganguli and Anil D'Silva
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Kanye West Agrees to Buy Conservative Social Media Company ParlerKanye West is following in the digital footsteps of Elon Musk and Donald Trump -- buying his own social media company to speak his mind ... one that leans in his direction, politically. Good for you. So if he agrees with your politics he's a genius, and if he doesn't he's crazy...the hypocrisy of this world is hilarious...both wings are on the same bird!! Use common sense! commonsenseworks Kanye West should buy myspace 😄😂😄😂
더 많은 것을 읽으십시오 »