Pharma BD Deal Intelligence

Eli Lilly and Company / Radionetics Oncology Inc.

2024 · Licensing/Option · $1.1B · Pending

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jul 01, 2024 BioPharma Dive Neutral

Eli Lilly paid $140 million upfront for the right to buy Radionetics Oncology for $1 billion, continuing its push into radiopharmaceutical therapy. Radionetics…

Jul 01, 2024 Fierce Biotech Bullish

Eli Lilly is paying $140 million for an exclusive option to acquire Radionetics Oncology for $1 billion, expanding its radiopharmaceutical footprint beyond…

Jul 02, 2024 Genetic Engineering & Biotechnology News Bullish

Eli Lilly and Radionetics Oncology announced a strategic agreement under which Lilly holds an exclusive option to acquire Radionetics for $1 billion, having…

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Radionetics Oncology entered strategic agreement with Eli Lilly under which Radionetics receives $140M upfront cash payment and Lilly obtains exclusive right to acquire Radionetics for $1B upon exercise. Deal builds on Lilly's radiopharmaceutical platform following 2023 POINT Biopharma acquisition. Top-25 pharma buyer.

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Radionetics Oncology Inc. (this deal)2024$1.1B
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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