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Lilly joins molecular glue field with Magnet deal worth up to $1.25B

Another day, another molecular glue deal in the biopharma world. This time around, it’s Eli Lilly partnering with the private startup Magnet Biomedicine on the technology. Lilly will pay up to $40 million in upfront ...

Feb 28, 2025 - 12:32
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Lilly joins molecular glue field with Magnet deal worth up to $1.25B
Another day, another molecular glue deal in the biopharma world. This time around, it’s Eli Lilly partnering with the private startup Magnet Biomedicine on the technology. Lilly will pay up to $40 million in upfront ...
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