Eli Lilly and Company to Acquire Ventyx Biosciences

January 8, 2026

Eli Lilly and Company has entered into a definitive agreement to acquire Ventyx Biosciences for approximately $1.2 billion. The deal values Ventyx at $14.00 per share in cash and is expected to close in the first half of 2026, subject to shareholder and regulatory approvals.

Targets
Ventyx Biosciences
Sellers
Entities affiliated with New Science Ventures, Ventyx directors and officers (including through voting/support agreements)
Industry
Pharmaceuticals
Location
California, United States
Transaction Type
Buyout

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