Confirmed Preliminary Control Announced Transaction verified Biotech

CrossBridge Bio acquired by Eli Lilly

Eli Lilly agreed to acquire CrossBridge Bio, a therapeutics brand, on Apr 14, 2026.

Preliminary: The announcement date, value basis and value notes are not yet independently verified.

Transaction summary

Target
CrossBridge Bio
Acquirer
Eli Lilly
Seller
-
Announced
2026-04-14(unverified)
Geography
-
Type
Acquisition
Deal type
Control
Stake acquired
-
First added
2026-07-13
Latest update
2026-10-29

Value and multiples

100% enterprise value

Undisclosed

Value not disclosed | USD

Basis: Undisclosed

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

EV / revenue

-

Period not stated

Basis: FundComb estimate

EV / EBITDA

-

EBITDA basis not stated

Basis: FundComb estimate

Basis

  • Enterprise value is unavailable.

Source summary

CrossBridge Bio Enters an Agreement to be Acquired by Eli Lilly to Advance Next-Generation Dual-Payload Antibody-Drug Conjugates - Business Wire

Confirmed

Business Wire reported that CrossBridge Bio entered an agreement to be acquired by Eli Lilly to advance next-generation dual-payload antibody-drug conjugates.

Open source

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