Pharma BD Deal Intelligence

Eli Lilly and Company / Shanghai Junshi Biosciences Co., Ltd.

2020 · Co-Development · $255M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

May 04, 2020 Endpoints News Neutral

Eli Lilly is paying Shanghai-based Junshi Biosciences $10 million upfront for the rights outside Greater China to JS016, a neutralizing monoclonal antibody…

Nov 21, 2020 Fierce Pharma Neutral

The U.S. FDA granted emergency use authorization to Regeneron's casirivimab and imdevimab antibody cocktail for high-risk outpatients with mild-to-moderate…

May 11, 2023 CDC COVID Data Tracker Neutral

As of the end of the public health emergency declaration on May 11, 2023, the Centers for Disease Control and Prevention reported approximately 104 million…

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

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Eli Lilly and Junshi Biosciences entered a co-development agreement for SARS-CoV-2 neutralizing antibodies (lead JS016, later named etesevimab) for COVID-19 prevention and treatment. Lilly paid $10M upfront with up to $245M in milestones and double-digit royalties; Lilly secured exclusive rights ex-Greater China while Junshi retained Greater China rights. Lilly also committed to a $75M conditional Junshi share subscription.

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Shanghai Junshi Biosciences Co., Ltd. (this deal)2020$255M
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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