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BioWorld - Thursday, July 10, 2025
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Home » Aktis, Lilly ink $1.1B cancer radiopharmaceutical deal
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Aktis, Lilly ink $1.1B cancer radiopharmaceutical deal

May 21, 2024
By Lee Landenberger
The radiopharmaceutical revolution rolls on as Eli Lilly and Co. builds on its prowess in the space with a deal that could bring Aktis Oncology Inc. $1.1 billion. The two plan to develop radiopharmaceuticals targeting cancer. Privately held Aktis also is getting $60 million in cash up front along with an equity investment. The big money would come from preclinical, clinical, regulatory, commercial milestones and tiered royalties. Lilly will select the targets.
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