Eli Lilly nears $1.3 billion deal for gene-editing biotech Verve Therapeutics, FT reports

- 6/16/2025

</head><body><p>(Reuters) -Eli Lilly is in advanced talks to acquire gene editing startup Verve Therapeutics for up to $1.3 billion, aiming to strengthen its pipeline of experimental medicines, the Financial Times reported on Monday.</p><p>The drug maker's acquisition bid includes a payment of almost $1 billion upfront for Verve, and a further $300 million based on the genetic medicines company achieving certain clinical milestones, the report said, citing people familiar with the matter. </p><p>The deal could be announced as early as this week, provided talks stay on track, the report added. </p><p>Verve Therapeutics is currently developing a gene therapy to reduce high cholesterol levels, which is expected to be used in combination with other drugs. </p><p>Eli Lilly declined to comment, while Verve Therapeutics did not immediately respond to a Reuters request for comment outside regular business hours.</p><p> (Reporting by Ananya Palyekar in Bengaluru; Editing by Alan Barona)</p></body></html></p> <div id="news-wrapper"> <div class="thumbnail additional-resources client-content-image-box"> <div class="box-image" style="background-image: url(/images/home/news.jpg);"></div> <div class="caption"> <h3>Nationwide News</h3> <div> <p><a href='/mh/news-article-detail.aspx?id=155564'>NJ AG investigating after Fort Lee police shoot woman in ‘mental health crisis’</a></p> <p><a href='/mh/news-article-detail.aspx?id=155555'>How understaffing, mental health failures led to ‘mounting crisis’ in Richland County jail</a></p> <p><a href='/mh/news-archive.aspx'>News Archive</a></p> </div> </div> </div> </div> </div> </div> </div> </section> </div>  <footer class="footer">  <div class="clearfix footerInfo"> <div class="container"> <div class="row"> <div class="col-sm-7 col-xs-12"> <div class="footerText"> <a href="http://www.trilogyir.com/" target="_blank" class="footerLogo"><img src="/images/Noc-Logo-white.png" alt="Footer Logo" style="width: 200px;"></a> <div 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Eli Lilly nears $1.3 billion deal for gene-editing biotech Verve Therapeutics, FT reports