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Innovent x Eli Lilly Strike $8.85B Deal 💊🔥
Innovent Biologics and Eli Lilly announced a new strategic collaboration in oncology & immunology — their 7th partnership in over a decade.
💰 Deal Highlights:
🔹 $350M upfront payment
🔹 Up to $8.5B in milestone payments
🔹 Tiered royalties on global sales (ex-Greater China)
Another massive cross-border biotech deal signaling strong confidence in next-gen therapies.
#Biotech #Healthcare #EliLilly #Innovent #PharmaNews
Innovent Biologics and Eli Lilly announced a new strategic collaboration in oncology & immunology — their 7th partnership in over a decade.
💰 Deal Highlights:
🔹 $350M upfront payment
🔹 Up to $8.5B in milestone payments
🔹 Tiered royalties on global sales (ex-Greater China)
Another massive cross-border biotech deal signaling strong confidence in next-gen therapies.
#Biotech #Healthcare #EliLilly #Innovent #PharmaNews
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