Centessa Pharmaceuticals PLC ADRCNTA
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Centessa is acquired by Lilly, providing an exit for shareholders.
Eli Lilly and Company has completed its acquisition of Centessa Pharmaceuticals plc. Centessa is a clinical-stage company developing orexin receptor 2 agonists for narcolepsy and potentially other sleep-wake disorders. Lilly executive vice president Carole Ho stated that the orexin system plays a fundamental role in brain health and that Centessa’s clinical portfolio will be pursued with urgency to address severe unmet needs.
Centessa Pharmaceuticals PLC ADRCentessa is acquired by Lilly, providing an exit for shareholders.
Eli Lilly and CompanyLilly completes acquisition of Centessa, gaining orexin receptor 2 agonists for sleep-wake disorders.