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Lilly To Acquire Sigilon Therapeutics

PUBLIC · LLYJun 29, 2023

Acquiring Company

Eli Lilly and Company

Acquired Company

Sigilon

IndianapolisManufacturingBiotechnologyHealth CareMedicalPharmaceuticalBiotechnologyHealth Care

Description

Eli Lilly and Company (NYSE: LLY) and Sigilon Therapeutics, Inc. (Nasdaq: SGTX) today announced a definitive agreement for Lilly to acquire Sigilon, a biopharmaceutical company that seeks to develop functional cures for patients with a broad range of acute and chronic diseases.

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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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Frequently asked

Who acquired Sigilon?

Sigilon was acquired by Eli Lilly and Company, based in Indianapolis. The deal was reported on June 29, 2023. Lilly is a medicine company turning science into healing to make life better for people around the world. Eli Lilly and Company is publicly traded (LLY) and operates in Manufacturing.

When did Eli Lilly and Company acquire Sigilon?

Eli Lilly and Company's acquisition of Sigilon was reported on June 29, 2023. Eli Lilly and Company (NYSE: LLY) and Sigilon Therapeutics, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sigilon do?

Sigilon Therapeutics seeks to develop functional cures for patients with a broad range of acute and chronic diseases by harnessing the power of the human cell through its Shielded Living TherapeuticsTM platform. It is privately held, operating in Biotechnology.

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