Eli Lilly and CompanyLilly gains global rights to Alzheimer's drug candidate ACD680, expanding its pipeline.

AlzeCure Pharma has received the full USD 10 million upfront payment from Eli Lilly, completing the initial transaction under their collaboration and licensing agreement for the Alzheimer's project Alzstatin. The payment, made pursuant to the agreement signed on June 9, 2026, does not dilute AlzeCure's shareholders. Beyond the upfront payment, the deal includes development and commercial milestone payments plus mid-single-digit royalties on future sales, with a total value excluding royalties that may exceed USD 1 billion. Lilly now holds global rights to Alzstatin and will lead further clinical development and commercialization of the drug candidate ACD680. The transaction closed after customary conditions, including Swedish foreign direct investment screening approval.
Eli Lilly and CompanyLilly gains global rights to Alzheimer's drug candidate ACD680, expanding its pipeline.
AlzeCure receives $10M upfront payment and potential milestones/royalties, non-dilutive.