Deal snapshot: Lilly to Acquire POINT Biopharma in Transaction Valued at USD 1.4bn.
MANews-(C)2009-2023
US-based pharmaceutical company Eli Lilly and Company (NYSE: LLY) has agreed to acquire radiopharmaceutical company POINT Biopharma Global, Inc. (NASDAQ: PNT), with a pipeline of clinical and preclinical-stage radioligand therapies in development for the treatment of cancer, the company said.
Lilly will commence a tender offer to acquire all outstanding shares of POINT for a purchase price of USD 12.50 per...
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