Pharma BD Deal Intelligence

Eli Lilly and Company / Adocia SA

2014 · Licensing/Option · $570M · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jan 26, 2017 BioSpace Bearish

Lilly notified Adocia of termination on January 26, 2017, returning all licensed rights at no cost despite BioChaperone Lispro showing 'significant improvement…

Sep 18, 2018 Pharmaphorum Bearish

Adocia's claim escalated to $1.8B; Lilly countersued for $188M alleging Adocia concealed discoveries. The article framed the relationship as deteriorating into…

Aug 09, 2019 BioSpace Bearish

Arbitration panel awarded Adocia just $11.6M against its $1.8B claim, decisively in Lilly's favor; Adocia CEO Gérard Soula said Adocia was 'surprised and…

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Eli Lilly licensed worldwide rights to Adocia's BioChaperone Lispro ultra-rapid insulin for $50M upfront plus up to $280M in development milestones, $240M in sales milestones and tiered royalties. Lilly later terminated the alliance in 2017, triggering a multi-year arbitration ultimately decided in Lilly's favor.

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Adocia SA (this deal)2014$570M
Eli Lilly and Company / Boehringer Ingelheim GmbH2011$444M89
Eli Lilly and Company / Loxo Oncology, Inc.2019$8.0B88
Eli Lilly and Company / Applied Molecular Evolution Inc.2003$400M88
Eli Lilly and Company / ICOS Corporation2006$2.3B87
Eli Lilly and Company / Novartis Animal Health2014$5.4B70
Eli Lilly and Company / Incyte Corporation2009$755M69

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