Eli Lilly and Co

LLY: XNYS (USA)

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Eli Lilly: Kelonia Acquisition Latest in String of Pipeline-Building Deals

Karen Andersen

Apr 20, 2026

Lilly announced an agreement to acquire Kelonia Therapeutics and its in vivo CAR-T pipeline and technology for $3.25 billion upfront and potential total payments up to $7 billion. The deal is expected to close in the second half of 2026. Lilly shares were flat in early trading April 20.

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Eli Lilly and Co

Eli Lilly: Kelonia Acquisition Latest in String of Pipeline-Building Deals

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