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Lilly buys CoLucid for $960mm; gets back its migraine candidate
Jan 2017
Executive Summary
Eli Lilly & Co. is paying $960mm ($46.50 per share in cash, a 36% premium) to acquire headache pain drug development firm CoLucid Pharmaceuticals Inc.
Deal Industry
- Biotechnology
- Pharmaceuticals
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
- Includes Contract
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Lilly buys CoLucid for $960mm; gets back its migraine candidate
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