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New Deal


Announced

Eli Lilly to acquire Disarm Therapeutics for $135m.

Financials

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Transaction Value£103m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biotechnology

Acquisition

Pending

Domestic

Majority

Single Bidder

United States

Biotechnology

Private

Friendly

Private Equity

Synopsis

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Eli Lilly, a global healthcare company, agreed to acquire Disarm Therapeutics, a biotechnology company, from private equity firms Atlas Venture, Biogenerator, and Lightstone Ventures, for $135m. "Disarm's innovative approach to treating axonal degeneration holds tremendous promise for addressing a wide spectrum of neurological diseases, and we have made significant strides toward enabling potentially transformative therapies. Lilly is ideally suited to advance this exciting new approach to treating axonal degeneration, and we look forward to seeing patients benefit from the work that Disarm initiated," Alvin Shih, Disarm Chief Executive Officer.

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