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Eli Lilly (LLY) Stock Edges Lower as $2.88B Merida Biosciences Acquisition Announced

Blocknomi Published 31.08.2026 13:18

Key Highlights Pharmaceutical giant Eli Lilly has agreed to purchase Merida Biosciences for a maximum of $2.88 billion in an all-cash transaction. The acquisition provides Lilly with access to MER511,…

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