Innovent x Eli Lilly Strike $8.85B Deal 💊🔥

Innovent Biologics and Eli Lilly announced a new strategic collaboration in oncology & immunology — their 7th partnership in over a decade.

💰 Deal Highlights:

🔹 $350M upfront payment

🔹 Up to $8.5B in milestone payments

🔹 Tiered royalties on global sales (ex-Greater China)

Another massive cross-border biotech deal signaling strong confidence in next-gen therapies.

#Biotech #Healthcare #EliLilly #Innovent #PharmaNews