On 8 July 2024, Eli Lilly and Morphic Holding announced that Eli Lilly has agreed to acquire Morphic for US $3.2b. Morphic Holding is a US biopharmaceutical company developing oral integrin therapies for treating chronic diseases. The acquisition has been approved by the boards of both companies and is expected to close in Q3/2024.
The news follows Eli Lilly’s announcement in July 2024 that the FDA has approved its Kisunla™ (donanemab-azbt) for Alzheimer’s Disease.