Eli Lilly to buy Centessa Pharma in $6.3 billion deal
March 31 () - Eli Lilly said on Tuesday it would buy Centessa Pharmaceuticals in a deal worth about $6.3 billion to advance treatments for sleep-wake disorders.
The acquisition gives Lilly ownership of Centessa’s orexin receptor 2 (OX2R) agonist pipeline, including cleminorexton, described as a “potential best-in-class therapeutic” for sleep-wake disorders such as narcolepsy types 1 and 2 and idiopathic hypersomnia.
The portfolio also includes several earlier-stage candidates with potential across broader neurological and neuropsychiatric conditions.