# Kelonia Therapeutics will be acquired by Eli Lilly.

*biotech · news · 2026-04-24 · STAT*

## Key points

- Eli Lilly is acquiring Kelonia Therapeutics for $3.2 billion with contingent milestones.
- Kelonia has survived on just $60 million in funding over five years before the deal.
- Kelonia was within a week of running out of cash three separate times.
- The acquisition could potentially double in value if Kelonia meets certain milestones.

**Companies:** Eli Lilly

[Read the full story on STAT](https://www.statnews.com/2026/04/24/eli-lilly-kelonia-therapeutics-interview/)

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