Eli Lilly Soars 2.52% with Camurus Partnership!
Wednesday, Jun 4, 2025 1:22 pm ET1min read
LLY--
Eli LillyLLY-- And Company rose 2.52% intraday, with the company entering into a collaboration with Camurus to develop and commercialize long-acting incretin products for cardiometabolic health. The agreement grants Eli LillyLLY-- exclusive global rights to use Camurus' FluidCrystal technology for up to four of Lilly's proprietary drug compounds. In return, Camurus is eligible to receive up to $780 million in development and sales milestone payments, as well as mid-single-digit royalties on global sales.
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