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New York Times Business · Mar 31, 2026 7:18 PM EDT Healthcare

Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion

Eli Lilly plans to acquire Centessa Pharmaceuticals, which has been conducting a midstage clinical trial of its lead drug.

Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion
Image New York Times Business

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  • LLYEli Lilly and Named
  • CNTACentessa Pharmaceuticals Named

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How this story developed

4 reports over 3 days
  1. CNBC Top Stories Eli Lilly reaches $2.75 billion deal with Insilico to bring AI-developed drugs to the global market Neutral 0
  2. CNBC Business Lilly to spend up to $7.8 billion to acquire Centessa, a maker of experimental sleep disorder drugs Neutral 0
  3. New York Times Business You're reading this Eli Lilly Will Buy a Narcolepsy Drug Developer for $6.3 Billion Neutral 0
  4. CNBC Business Eli Lilly opposes push to pass Trump's drug pricing deals into law, CEO says Neutral 0

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