POINT Biopharma
NEWS
POINT Biopharma was acquired by Eli Lilly and Company in December 2023.
While the candidate was effective in Phase III results, Point’s stock price fell following the announcement.
The first two weeks of October saw BMS’s $4.8 billion buyout of Mirati, Lilly’s $1.4 billion purchase of Point, Kyowa Kirin’s $387 million acquisition of Orchard and AbbVie’s $110 million Mitokinin deal.
IN THE PRESS