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Lilly Acquires Adverum Biotechnologies for Gene Therapy Advancements
ByAinvest
Thursday, Nov 27, 2025 8:20 am ET1min read
Eli Lilly has acquired Adverum Biotechnologies, a gene therapy company, to expand its genetic medicine capabilities and potentially develop durable vision correction treatments for age-related diseases. Adverum's lead program, Ixo-vec, is a Phase 3 gene therapy designed to treat vision loss associated with wet age-related macular degeneration. The acquisition signals industry confidence in long-acting intravitreal gene therapy as a path to improved adherence and durable vision correction.
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