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Lilly to buy Kelonia for $3.25B upfront, underlining its in vivo CAR-T strategy

Eli Lilly is going big on in vivo CAR-T therapy.

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Eli Lilly is going big on in vivo CAR-T therapy.

The company said Monday that it would buy Kelonia Therapeutics, which has a Phase 1 program for multiple myeloma and a couple of preclinical candidates, in a deal worth up to $7 billion that includes $3.25 billion upfront.

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