Mablink Bioscience Enters An Agreement To Be Acquired By Eli Lilly; Transaction Subject To Approval From The French Ministry Of The Economy
Portfolio Pulse from Benzinga Newsdesk
Mablink Bioscience has entered an agreement to be acquired by Eli Lilly. The acquisition is subject to approval from the French Ministry of the Economy. The deal reflects the potential of Mablink's existing pipeline and proprietary PSARLink™ technology for the development of additional drug conjugates.
October 18, 2023 | 6:58 pm
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Eli Lilly's planned acquisition of Mablink Bioscience could potentially enhance its drug development capabilities, given Mablink's proprietary PSARLink™ technology and existing pipeline.
The acquisition of Mablink Bioscience by Eli Lilly, if approved, could potentially enhance Eli Lilly's drug development capabilities. This is due to Mablink's proprietary PSARLink™ technology and existing pipeline, which are seen as valuable assets. This could have a positive impact on Eli Lilly's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100