Eli Lilly to acquire Organovo’s FXR program

Lilly Biotechnology Center in San Diego, California, USA.

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  • San Diego, California-based biotech Organovo Holdings (NASDAQ:ONVO) announced Tuesday that Eli Lilly (NYSE:LLY) has agreed to acquire its clinical drug development program targeting farnesoid X receptor (“FXR”) agonists.
  • Shares of the nano-cap biotech climbed ~203% in the premarket after the

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