Pharma BD Deal Intelligence

Eli Lilly and Company / Alnara Pharmaceuticals

2010 · Acquisition/Merger · $380M · Complete

WRONG BY 37 POINTS
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The coverage arc

Jul 02, 2010 BioSpace Bullish

BioSpace reported Lilly would pay up to $380M ($180M upfront plus up to $200M in regulatory and commercial milestones) for Alnara, framing it as a strategic…

Sep 01, 2010 Nature Biotechnology Neutral

Nature Biotechnology covered the Alnara acquisition as a meaningful entry by Lilly into the pancreatic enzyme replacement market, noting the differentiated…

Jul 01, 2014 Genetic Engineering & Biotechnology News Bearish

GEN reported Lilly took a $122.6M impairment in 2012 after FDA issued a Complete Response Letter on liprotamase in 2011, then divested the asset to Anthera in…

Source summaries from our enrichment pipeline; follow links for originals.

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Lilly to acquire Alnara for $180M upfront + up to $200M development/regulatory milestones. Adds Phase 3-ready protein therapeutic for pancreatic insufficiency.

Did it work? Outcome assessment

Strategic verdict
Failed to Achieve
Financial impact
Impaired/Written Down
Pipeline outcome
Assets Terminated

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Alnara Pharmaceuticals (this deal)2010$380M13
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

Compare all 7 side-by-side →

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