Eli Lilly feels Magnet's pull with molecular glue deal potentially worth $1.65B

The molecular glue wave that first began years ago is still swelling, with Eli Lilly earmarking approximately $1.65 billion to develop new versions of the sticky molecules in collaboration with Magnet Biomedicine.

Feb 28, 2025 - 12:38
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Eli Lilly feels Magnet's pull with molecular glue deal potentially worth $1.65B
The molecular glue wave that first began years ago is still swelling, with Eli Lilly earmarking approximately $1.65 billion to develop new versions of the sticky molecules in collaboration with Magnet Biomedicine.