financetom
Business
financetom
/
Business
/
Eli Lilly Teams Up With Insilico on AI-Powered Drug Programs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Eli Lilly Teams Up With Insilico on AI-Powered Drug Programs
Mar 30, 2026 1:45 AM

04:28 AM EDT, 03/30/2026 (MT Newswires) -- Eli Lilly ( LLY ) will collaborate with Insilico Medicine in a deal that leverages artificial intelligence to boost drug discovery and development, Insilico said Sunday.

The deal grants Lilly an exclusive worldwide license to a portfolio of oral therapeutic programs in preclinical development.

Under the terms of the deal, Insilico said it's eligible to receive an $115 million upfront payment, followed by development, regulatory, and commercial milestones that could bring the total deal value to about $2.75 billion, plus tiered royalties on future sales.

The companies will also jointly advance multiple research and development programs targeting disease areas selected by Lilly.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Imperial Metals Posts YoY Declines in Copper, Gold Production in Q1
Imperial Metals Posts YoY Declines in Copper, Gold Production in Q1
Apr 15, 2026
06:34 AM EDT, 04/15/2026 (MT Newswires) -- Imperial Metals ( IPMLF ) late on Tuesday reported that first-quarter copper production from the Mount Polley mine was down 51% and gold production was down 28% year over year, citing lower grades, recoveries and throughput. The company produced 4.4 million pounds of copper, down from 8.9 million pounds, and 7,608 ounces of...
ARS Pharmaceuticals Says Health Canada Approves Neffy Nasal Spray
ARS Pharmaceuticals Says Health Canada Approves Neffy Nasal Spray
Apr 15, 2026
06:31 AM EDT, 04/15/2026 (MT Newswires) -- ARS Pharmaceuticals ( SPRY ) said Wednesday that Health Canada has approved its neffy 2mg nasal spray for the emergency treatment of anaphylaxis. The approval covers adults and children weighing at least 30 kilograms, providing patients with a needle-free option, the company said. The biopharmaceutical company said the nasal spray is expected to...
Broadcom Expands Partnership With Meta for AI Compute Infrastructure
Broadcom Expands Partnership With Meta for AI Compute Infrastructure
Apr 15, 2026
06:28 AM EDT, 04/15/2026 (MT Newswires) -- Broadcom ( AVGO ) shares rose early Wednesday after the chipmaker expanded its partnership with Meta Platforms ( META ) to support the technology giant's artificial intelligence compute infrastructure. Broadcom ( AVGO ) will deploy technology for Meta's training and inference accelerator, or MTIA, silicon chips, under the multi-year deal, with plans to...
Canada To Suspend Fuel Excise Tax Through Summer, BMO Says
Canada To Suspend Fuel Excise Tax Through Summer, BMO Says
Apr 15, 2026
06:28 AM EDT, 04/15/2026 (MT Newswires) -- The Canadian government on Tuesday announced that it will suspend the excise tax on gasoline/diesel starting next Monday and running through Sept. 7 -- in other words, the entirety of the summer driving season, said Bank of Montreal (BMO). This will shave 10 cents per liter from retail gasoline prices, which have been...
Copyright 2023-2026 - www.financetom.com All Rights Reserved