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BioWorld - Friday, July 17, 2026
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Home » Lilly shifts from obesity to narcolepsy with $7.8B Centessa buy
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Lilly shifts from obesity to narcolepsy with $7.8B Centessa buy

March 31, 2026
By Karen Carey
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Eli Lilly and Co. plans to buy Centessa Pharmaceuticals plc for $6.3 billion in up-front cash and another potential $1.5 billion through contingent value rights, gaining access to a pipeline of orexin receptor 2 agonists for sleep disorders. The Indianapolis-based pharma is re-entering a field that has multibillion-dollar potential and one that could emulate the success seen with its obesity program. Centessa, of Boston and London, has a lead candidate, cleminorexton (formerly ORX-750), with positive phase IIa data in narcolepsy types 1 and 2 and idiopathic hypersomnia.
BioWorld Deals and M&A Neurology/psychiatric Small molecule Europe U.S.

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