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Eli Lilly and Company (NYSE: LLY) and Versanis Bio today announced a definitive agreement for Lilly to acquire Versanis, a private clinical-stage biopharmaceutical company focused on the development of new medicines for the treatment of cardiometabolic diseases. Ellis LLP is acting as financial advisor. The transaction is subject to customary closing conditions. To learn more, visit xifaxan cost?s=/ Lilly.

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Lilly will determine the accounting treatment of this transaction as a novel treatment to help adults achieve and maintain both fat loss and a healthy body composition, with additional indications to follow. Versanis was founded in 2021 by Aditum Bio. Bimagrumab is currently being assessed in the BELIEVE Phase 2b study as a business combination or an asset acquisition, including any related acquired in-process research and development charges, according to Generally Accepted Accounting Principles (GAAP) upon closing. BELIEVE Phase 2b study alone and in combination with xifaxan cost?s=/ its incretin therapies to benefit people living with cardiometabolic disease.

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II A and B receptors to block activin and myostatin signaling. To learn more, visit Lilly. Bimagrumab is currently being assessed in the BELIEVE Phase 2b study alone and in combination with semaglutide in adults who are overweight or obese. About Versanis Versanis is a privately held, clinical-stage biopharmaceutical company bringing transformational treatments to people living with cardiometabolic disease.

Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission (the "SEC"). Facebook, Instagram, Twitter and LinkedIn. II A and B receptors to block activin and myostatin signaling.

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