Eli Lilly Acquires Curevo (Shingles) and LimmaTech Biologics (Bacterial Vaccines)

May 26, 2026

Eli Lilly entered definitive agreements to acquire Curevo Vaccine and LimmaTech Biologics as part of a broader expansion of its infectious disease R&D platform. Lilly will acquire Curevo for up to $1.5 billion and LimmaTech Biologics for up to $780 million, with upfront and additional milestone-based payments.

Targets
Curevo Vaccine (Curevo), LimmaTech Biologics AG (LimmaTech Biologics)
Industry
Pharmaceuticals
Location
Switzerland
Transaction Type
Buyout

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