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Eli Lilly Soars 2.52% with Camurus Partnership!
Wednesday, Jun 4, 2025 1:22 pm ET1min read
Eli 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 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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