M&A Deal Summary

Lilly Acquires Organovo - FXR program

On February 25, 2025, Lilly acquired life science company Organovo - FXR program from Organovo

Acquisition Highlights
  • This is Lilly’s 28th transaction in the Life Science sector.
  • This is Lilly’s 30th transaction in the United States.
  • This is Lilly’s 11th transaction in California.

M&A Deal Summary

Date 2025-02-25
Target Organovo - FXR program
Sector Life Science
Buyer(s) Lilly
Sellers(s) Organovo
Deal Type Divestiture

Target

Organovo - FXR program

San Diego, California, United States
Organovo's FXR program focuses on developing treatments for inflammatory bowel disease. Organovo's FXR program is based in San Diego, California.

Search 205,333 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Lilly

Indianapolis, Indiana, United States

Category Company
Founded 1876
Sector Life Science
Employees43,000
Revenue 34.1B USD (2023)
DESCRIPTION
Entrance to Eli Lilly's campus in Indianapolis, Indiana.
Entrance to Eli Lilly's campus in Indianapolis, Indiana.

Lilly discovers, develops, manufactures, and markets products in two business segments—human pharmaceutical products and animal health products. The mission of its human pharmaceutical business is to make medicines that help people live longer, healthier, more active lives. Most of the products Eli Lilly sells were discovered or developed by its own scientists, and the Company's success depends to a great extent on its ability to continue to discover, develop, and bring to market innovative new medicines. Eli Lilly's animal health business, operating through its Elanco division, develops, manufactures, and markets products for both food animals and companion animals. Eli Lilly manufactures and distributes its products through facilities in the US, Puerto Rico, and 11 other countries. Lilly was founded in 1876 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 35 of 35
Sector (Life Science) 28 of 28
Type (Divestiture) 7 of 7
State (California) 11 of 11
Country (United States) 30 of 30
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-30 Eli Lilly - Huminsulin

Indianapolis, Indiana, United States

Eli Lilly's Huminsulin range of products is indicated for the treatment of type 1 and type 2 diabetes mellitus to improve blood sugar control in both adults and children.

Sell -

Seller(S) 1

SELLER

Organovo

San Diego, California, United States

Category Company
Founded 2007
Sector Life Science
Employees12
Revenue 1M USD (2022)
DESCRIPTION

Organovo is a developer of 3-D bioprinted tissues comprised of human cells. Organovo focuses on utilizing its tissues for disease modeling and drug discovery, with the therapeutic liver tissue development on hold pending additional advances. Organovo was founded in 2007 and is based in San Diego, California.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1