Morphic today announced it has entered into an agreement to be acquired by Eli Lilly and Company (“Lilly”) in an all-cash transaction valued at approximately $3.2 billion. This exciting milestone marks a new phase for our company, and we eagerly anticipate the path forward for MORF-057 and oral integrin medicines under Lilly’s stewardship. Please read the full release as it contains important information: https://lnkd.in/eDdAEXzv
Huge congratulations! So happy to see great teams succeed!!!
Congrats Praveen and team. A great milestone for the team!
Great job to the Morphic Therapeutic Team, and best of luck with the acquisition by Eli Lilly and Company as you cast off your dock lines for this next passage ⛵ . And even more luck and opportunity for all those living with Inflammatory Bowel Disease(the same to family and friends of IBD'ers) right now and those who will be diagnosed in the future.
Massive congratulations to Praveen Tipirneni and team on this deal
Congratulations to the morphic team!
Massive congratulations Morphic Therapeutic!
Congratulations MORF team!!
Congrats! Great example of how business relationships can evolve over a period of years. Fierce has a nice summary of the transaction: https://www.fiercebiotech.com/biotech/morphic-kept-it-simple-ma-maneuvers-staying-focused-lilly-reel-32b-deal?utm_medium=email&utm_source=nl&utm_campaign=LS-NL-FierceBiotech&oly_enc_id=6888E9201356B9Z
Congratulations to the entire Morphic Therapeutic team on this significant milestone! Exciting times ahead for MORF-057 and the future of oral integrin medicines.