BRIEF-Lilly To Acquire Adverum Biotechnologies-March 2024-www.financetom.com

BRIEF-Lilly To Acquire Adverum Biotechnologies

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BRIEF-Lilly To Acquire Adverum Biotechnologies

Oct 24, 2025 6:05 AM

Oct 24 (Reuters) - Adverum Biotechnologies Inc ( ADVM ):

* LILLY TO ACQUIRE ADVERUM BIOTECHNOLOGIES

* ELI LILLY ( LLY ) - TO BUY ADVERUM SHARES FOR $3.56 PLUS CVR UP TO

$8.91

* ELI LILLY ( LLY ) - ADVERUM ENTERS $65 MILLION PROMISSORY NOTE

WITH

LILLY FOR IXO-VEC TRIALS

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