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New Deal


Announced

Completed

Eli Lilly completed a $35m investment in Precision BioSciences.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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gene therapy

Acquisition

oncology

Minority

Private

Single Bidder

United States

Domestic

Friendly

Private Equity

gene editing

Biotechnology

Completed

Synopsis

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Eli Lilly, a private equity firm, completed a $35m investment in Precision BioSciences, a biotechnology company. "Gene-edited therapies are emerging as a promising approach to help patients afflicted with genetic conditions. We look forward to working closely with Precision's scientific team and leveraging their platform to develop and deliver breakthrough medicines for untreated genetic disorders," Ruth Gimeno, Eli Lilly Vice President.

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