Lilly expands portfolio with Disarm Therapeutics acquisition

Eli Lilly is acquiring Disarm Therapeutics, a Cambridge, MA-based biotech company creating a new class of disease-modifying therapeutics for patients with axonal degeneration.

Disarm has discovered novel, potent SARM1 inhibitors and is advancing them in preclinical development, with the goal of delivering breakthrough treatments to patients with peripheral neuropathy and other neurological diseases such as amyotrophic lateral sclerosis (ALS) and multiple sclerosis.

Lilly will acquire Disarm for an upfront payment of $135 million. Disarm equity holders may be eligible for up to $1.225 billion in additional future payments for potential development, regulatory and commercial milestones should Lilly successfully develop and commercialise new medicines resulting from the acquisition.

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