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Eli Lilly completes acquisition of Centessa Pharmaceuticals

PRIVATEAug 13, 2026•about 1 hour ago

Acquiring Company

Eli Lilly and Company

Acquired Company

Centessa Pharmaceuticals

Indianapolis

BostonBiotechnologyHealth CareMedicalBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma

Description

Eli Lilly and Company has finalized its acquisition of Centessa Pharmaceuticals, which will enhance Lilly's ability to innovate treatments for sleep-wake disorders. This move aligns with Lilly's ongoing commitment to tackle health issues related to sleep. The acquisition follows a report of significant revenue growth for Lilly, reflecting the success of its products and strategies.

Company Information

Company

Eli Lilly and Company

Location

Indianapolis, Indiana, United States

About

Lilly is a medicine company turning science into healing to make life better for people around the world. They have been pioneering life-changing discoveries for nearly 150 years, and today their medicines help more than 51 million people across the globe. Lilly is focused on redefining diabetes care, treating obesity, advancing the fight against Alzheimer's disease, providing solutions to immune system disorders, and transforming difficult-to-treat cancers into manageable diseases. To learn more, visit Lilly.com and Lilly.com/news, or follow them on Facebook, Instagram and LinkedIn.

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

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Frequently asked

Who acquired Centessa Pharmaceuticals?

Centessa Pharmaceuticals was acquired by Eli Lilly and Company, based in Indianapolis. The deal was reported on August 13, 2026. Lilly is a medicine company turning science into healing to make life better for people around the world. Eli Lilly and Company is privately held and operates in Biotechnology.

When did Eli Lilly and Company acquire Centessa Pharmaceuticals?

Eli Lilly and Company's acquisition of Centessa Pharmaceuticals was reported on August 13, 2026. Eli Lilly and Company has finalized its acquisition of Centessa Pharmaceuticals, which will enhance Lilly's ability to innovate treatments for sleep-wake disorders. This move aligns with Lilly's ongoing commitment to tackle health issues related to sleep. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Centessa Pharmaceuticals do?

Centessa Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing innovative therapies for patients. It aims to harness the power of science to bring together specialists to address serious diseases. It is privately held, operating in Biotechnology, and is based in Boston.