Pharma BD Deal Intelligence

Eli Lilly and Company / Sigilon Therapeutics Inc.

2023 · Acquisition/Merger · $310M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jun 29, 2023 BioPharma Dive Bullish

Eli Lilly will acquire its longtime research partner Sigilon Therapeutics in a deal worth up to $309.6 million, deepening its bet on encapsulated cell therapy…

Jun 29, 2023 Fierce Biotech Bullish

Eli Lilly is acquiring longtime partner Sigilon Therapeutics for up to $310 million in cash and contingent value rights, bolstering its type 1 diabetes…

Jun 29, 2023 STAT News Neutral

Eli Lilly is buying Sigilon Therapeutics, its partner on a stem-cell-based therapy for type 1 diabetes, for up to $309.6 million. The deal pays $14.92 per…

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Lilly agreed to acquire Sigilon for $14.92/share upfront cash (~$34.6M) plus a CVR of up to $111.64/share for total potential consideration up to $309.6M. Builds on the Lilly-Sigilon collaboration since 2018 on encapsulated cell therapies including SIG-002 for T1D. Closed August 14, 2023.

Key facts

Related deals — scored

DealYearValueOutcome
Eli Lilly and Company / Sigilon Therapeutics Inc. (this deal)2023$310M
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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