Lilly Collaborates with Biolojic to Discover and Develop Antibody Therapies for Diabetes

Shots:

  • Biolojic to receive ~$121M including development and commercialization milestones and a promissory note that may be convertible into Biolojic equity in future
  • Additionally, Biolojic is eligible to receive royalties on sales of therapies that emerges during the collaboration
  • The collaboration will leverage Biolojic’s AI-based multibody platform to discover and develop a potential novel Ab-based therapy for diabetes

Click here ­to­ read full press release/ article | Ref: PRNewswire | Image: US News

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