How many acquisitions has Lilly made so far?

Lilly has completed 38 acquisitions so far, with an average acquisition amount of $1.64B.

Which countries does Lilly usually acquire in?

Lilly has made acquisitions in 6 countries with the most activity in United States and Canada.

Which is Lilly's latest acquisition?

Lilly's most recent acquisition is 4E Therapeutics, a Developer of drugs for treating neuropathic pain, acquired in June 2026.

Which sectors does Lilly target for acquisitions?

Most of Lilly's acquisitions are in Oncology (13) and Neurology (9).

List of 38 Acquisitions by Lilly (Jul 2026)

Most viewed in 2019

Lilly has made a total of 38 acquisitions. These activities spanned 27 sectors, including Oncology, Neurology, and Immunotherapy, across 6 countries, most notably United States, Canada, and United Kingdom. Peak acquisition years were 2026 with 9, 2023 with 6, and 2025 with 3, while the average from 2020–2025 was 2.8 per year. To date, 9 acquisitions have been completed in the current calendar year. The most recent is 4E Therapeutics, an Austin-based developer of neuropathic pain drugs founded in 2019 and acquired in June 2026.

Here's the year on year acquisition history of Lilly:

Number of Total Acquisitions

Year	# Acquisitions
2026	9
2025	3
2024	2
2023	6
2022	2
2021	1
2020	3
2019	1
2018	2
2017	1
2016	1
2014	1
2011	1
2010	2
2008	2
2007	1

View all Acquisitions by Lilly

Recent acquisitions by Lilly

Lilly's most recent acquisition - 4E Therapeutics is a Developer of drugs for treating neuropathic pain, founded in 2019 and located in Austin. Lilly acquired it in June 2026 for a price of $*****.

Here is the list of all acquisitions by Lilly sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Jun 16, 2026	4E Therapeutics	stry	mjyy	63	153
May 26, 2026	LimmaTech Biologics	fgnt	bepq	97	877
May 20, 2026	Engage Bio	uurv	tzvu	60	375
Apr 27, 2026	Ajax	kkjz	bcc{	98	524
Apr 20, 2026	Kelonia	qlln	lbmu	10	284