Eli Lilly and CompanyLilly completed its acquisition of AtaiBeckley, adding the BPL-003 treatment-resistant depression program to its neuroscience pipeline.
Eli Lilly and Company has completed its acquisition of AtaiBeckley Inc., a clinical-stage biopharmaceutical company developing rapid-acting neuroplastogens for mental health conditions. AtaiBeckley's lead investigational program, BPL-003, targets treatment-resistant depression. The transaction was approved by AtaiBeckley shareholders at a special meeting held prior to closing. Carole Ho, Lilly executive vice president and president of Lilly Neuroscience, said AtaiBeckley's neuroplastogens have the potential to open a new paradigm of treatment with rapid-acting therapeutics designed to move away from chronic dosing. Lilly said it is committed to advancing the pipeline for patients who need more options.
Eli Lilly and CompanyLilly completed its acquisition of AtaiBeckley, adding the BPL-003 treatment-resistant depression program to its neuroscience pipeline.
ATAI Life Sciences BVAtaiBeckley is being acquired by Eli Lilly, a positive M&A event for the company.