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BioWorld - Monday, February 23, 2026
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Home » Seed Therapeutics blossoms in an $800M deal with Lilly
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Seed Therapeutics blossoms in an $800M deal with Lilly

Nov. 13, 2020
By Lee Landenberger
Seed Therapeutics Inc. signed a massive deal with Eli Lilly and Co. on Nov. 12, a date that resonated deeply with Seed’s CEO, Lan Huang. Twenty-one years earlier to the day she published a pioneering paper on cancer signaling pathways involving p53 degradation in Science. “It’s a magical coincidence that exactly 21 years later we have this deal with Lilly,” she told BioWorld, a deal with protein degradation at its core. In the new research collaboration and license agreement, Seed will receive $10 million cash up front to fund research along with a $10 million equity investment from Lilly.
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