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The Nexus
BUSINESSMay 26 · 11:29 UTCSTAT NEWSAndrew Joseph

STAT+: Eli Lilly to buy three small vaccine developers

Eli Lilly announced it will acquire three early- and mid-stage vaccine developers—Curevo, LimmaTech Biologics, and Vaccine Company—for up to nearly $4 billion. The acquisitions follow recent purchases in cancer, autoimmune diseases, and sleep disorders, leveraging Lilly's cash reserves from its successful GLP-1 business.

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