On the Record · Eli Lilly
Eli Lilly acquisitions, on the record
The businesses Eli Lilly bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
POINT Biopharma Global Inc. (POINT)Word for word“In December 2023, we acquired all shares of POINT for a purchase price of $ 12.50 per share in cash (or an aggregate of $ 1.04 billion, net of cash acquired).” 10-K for 2023 | acquisition | In December 2023 | $ 1.04 billion, net of cash acquired |
Versanis Bio, Inc. (Versanis)Word for word“Acquired in the acquisition of Versanis Bio, Inc. (Versanis) in 2023.” 10-K for 2023 | acquisition | in 2023 | — |
DICE Therapeutics, Inc. (DICE)Word for word“Acquired in the acquisition of DICE Therapeutics, Inc. (DICE) in 2023.” 10-K for 2023 | acquisition | in 2023 | — |
Emergence Therapeutics AG (Emergence)Word for word“For investments that were accounted for as asset acquisitions, we paid $3.94 billion in 2023 for acquired IPR&D primarily related to acquisitions of DICE, Versanis, Emergence Therapeutics AG (Emergence), and Mablink Biosciences SAS (Mablink).” 10-K for 2023 | acquisition | — | — |
Mablink Biosciences SAS (Mablink)Word for word“For investments that were accounted for as asset acquisitions, we paid $3.94 billion in 2023 for acquired IPR&D primarily related to acquisitions of DICE, Versanis, Emergence Therapeutics AG (Emergence), and Mablink Biosciences SAS (Mablink).” 10-K for 2023 | acquisition | in 2023 | — |
rights for the olanzapine portfolio, including ZyprexaWord for word“Outside the U.S. the increase in volume in 2023 was primarily driven by $1.45 billion from the sale of the rights for the olanzapine portfolio, including Zyprexa, as well as increased volume for Verzenio and Jardiance.” 10-K for 2023 | divestiture | in 2023 | $1.45 billion from the sale of the rights for the olanzapine portfolio, including Zyprexa |
rights for BaqsimiWord for word“In the U.S. the increase in volume in 2023 was primarily driven by Mounjaro, Verzenio, Jardiance, Trulicity, Taltz ® , and Zepbound and $579.0 million from the sale of the rights for Baqsimi, partially offset by the absence of revenue from COVID-19 antibodies and decreased volume from Alimta following the entry of multiple generics in the first half of 2022.” 10-K for 2023 | divestiture | in 2023 | $579.0 million from the sale of the rights for Baqsimi |
NexPharm Parent HoldCo, LLC and Isopro Holdings, LLCWord for word“In May 2024, we acquired all outstanding membership interests of NexPharm Parent HoldCo, LLC and Isopro Holdings, LLC, which together own the assets of a manufacturing site in Wisconsin, for a purchase price of $ 924.7 million, net of cash acquired.” 10-K for 2024 | acquisition | In May 2024 | for a purchase price of $ 924.7 million, net of cash acquired |
Akouos, Inc. (Akouos)Word for word“In December 2022, we acquired all shares of Akouos, Inc. (Akouos) for a purchase price that included $ 12.50 per share in cash (or an aggregate of $ 327.2 million, net of cash acquired) plus one non-tradable contingent value right (CVR) per share.” 10-K for 2024 | acquisition | In December 2022 | for a purchase price that included $ 12.50 per share in cash (or an aggregate of $ 327.2 million, net of cash acquired) plus one non-tradable contingent value right (CVR) per share |
Morphic Holding, Inc. (Morphic)Word for word“MORF-057 Crohn's disease Phase 2 Acquired in the acquisition of Morphic Holding, Inc. (Morphic) in 2024.” 10-K for 2024 | acquisition | 2024 | — |
Verve Therapeutics, Inc.Word for word“In July 2025, we acquired all shares of Verve Therapeutics, Inc. (Verve) for a purchase price of $ 10.50 per share in cash (or an aggregate of $ 549 million, net of cash acquired), plus one non-tradeable contingent value right (CVR) per share that entitles the holder to receive up to an additional $ 3.00 per share (or an aggregate of up to approximately $ 300 million) payable, subject to certain terms and conditions, upon the achievement of a certain specified milestone.” 10-K for 2025 | acquisition | July 2025 | $ 10.50 per share in cash (or an aggregate of $ 549 million, net of cash acquired) |
POINT Biopharma Global Inc.Word for word“In December 2023, we acquired all shares of POINT Biopharma Global Inc. (POINT) for a purchase price of $ 12.50 per share in cash (or an aggregate of $ 1.0 billion, net of cash acquired).” 10-K for 2025 | acquisition | December 2023 | $ 12.50 per share in cash (or an aggregate of $ 1.0 billion, net of cash acquired) |
olanzapine portfolio, including Zyprexa (sold to Cheplapharm Arzneimittel GmbH)Word for word“In 2023, we sold the rights for the olanzapine portfolio, including Zyprexa, a neuroscience product, to Cheplapharm Arzneimittel GmbH, a European company.” 10-K for 2025 | divestiture | In 2023 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses |
|---|---|---|
| 2016-12-31 | $45 million | — |
| 2017-12-31 | $882.1 million | — |
| 2018-12-31 | $0 | $0 |
| 2019-12-31 | $6.92 billion | $354.8 million |
| 2020-12-31 | $849.3 million | $0 |
| 2021-12-31 | $747.4 million | $0 |
| 2022-12-31 | $327.2 million | — |
Deal filings since 2016
- 2019-03-15 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-01-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Eli Lilly’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.