Pharma BD Deal Intelligence

Eli Lilly and Company / Protomer Technologies

2021 · Acquisition/Merger · $1.0B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jul 14, 2021 BioPharma Dive Bullish

Eli Lilly will acquire Pasadena, California-based Protomer Technologies in a deal valued at more than $1 billion to add a glucose-responsive insulin program to…

Jul 14, 2021 Reuters Neutral

Eli Lilly said on Wednesday it had acquired Protomer Technologies, a Pasadena-based startup developing glucose-responsive insulin, in a deal valued at more…

Jul 15, 2021 Fierce Pharma Bullish

Eli Lilly is acquiring Protomer Technologies for upwards of $1 billion to add the startup's glucose-responsive insulin program and peptide engineering platform…

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Eli Lilly acquired Pasadena-based Protomer Technologies in a deal valued over $1 billion based on future development and commercial milestones. Lilly previously owned 14% of Protomer; the acquisition gives Lilly Protomer's peptide/protein engineering platform and glucose-sensing insulin program.

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Protomer Technologies (this deal)2021$1.0B
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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