Eli Lilly and Co will acquire Orna Therapeutics, an immunocyte engineering company.

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Eli Lilly and Co. has announced its acquisition of Orna Therapeutics, an immunocyte engineering company, for up to $2.4 billion. This acquisition aims to bolster Eli Lilly’s position in cell therapy and genetic medicine, leveraging Orna’s circular RNA technology platform and its in vivo CAR-T pipeline, particularly the ORN-252 project for autoimmune diseases.

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