Eli Lilly Acquires AtaiBeckley for Up to $3.8 Billion in Psychedelic Drug Development

Eli Lilly announced its acquisition of clinical-stage psychedelic drug developer AtaiBeckley for up to $3.8 billion, signaling growing interest from Big Pharma in treating mental health conditions with psychedelics. This follows positive trial results and regulatory support under President Trump's executive order accelerating FDA reviews.

By Bob Woods · CNBC ·

Eli Lilly Acquires AtaiBeckley for Up to $3.8 Billion in Psychedelic Drug Development

Tickers: $ATAI $LLY

Topics: mental health drugs pharma psychedelics

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