AtaiBeckley Stock Surges After Acquisition Agreement with Eli Lilly
Shares of AtaiBeckley surged after the mental health-focused biotech company agreed to be acquired by pharmaceutical giant Eli Lilly. The deal includes a $6.75 per share cash offer and potential milestone payments, valuing the acquisition at up to $3.8 billion if all conditions are met.
Topics: Biotechnology Mergers & Acquisitions Pharmaceuticals