Lilly completes acquisition of AtaiBeckley
Lilly has completed its acquisition of AtaiBeckley after shareholder approval, gaining the clinical-stage neuroplastogen portfolio led by BPL-003 for treatment-resistant depression. The deal gives Lilly access to a development-stage platform focused on rapid-acting therapies designed to promote neuroplasticity and potentially enable less frequent dosing. Lilly plans to use its larger clinical development, regulatory and commercialization infrastructure to advance BPL-003 and other programs, with the immediate priority on treatment-resistant depression. The acquisition expands Lilly's neuroscience pipeline but the benefits depend on clinical trial outcomes and regulatory review.
Lilly acquired AtaiBeckley and its clinical-stage BPL-003 program.
Context
Shareholders approved the acquisition, allowing the deal to close. Lilly will integrate AtaiBeckley's programs and advance clinical development of BPL-003 next.
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