Eli Lilly acquires Centessa Pharmaceuticals in $6.3 billion deal for sleep disorder drugs

Name: Eli Lilly acquires Centessa Pharmaceuticals in $6.3 billion deal for sleep disorder drugs
Uploaded: 2026-03-31T15:35:17Z
Duration: 32 s
Description: Fox Business reports that Eli Lilly is acquiring Centessa Pharmaceuticals for $6.3 billion, giving Eli Lilly access to experimental drugs designed to treat sleep disorders like narcolepsy. Eli Lilly's stock is up nearly 3%, while Centessa Pharmaceuticals' stock surged by over 44% on the news.

Varney & Company · FBN · Mar 31, 2026 · 32sSign Up Now

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Fox Business reports that Eli Lilly is acquiring Centessa Pharmaceuticals for $6.3 billion, giving Eli Lilly access to experimental drugs designed to treat sleep disorders like narcolepsy. Eli Lilly's stock is up nearly 3%, while Centessa Pharmaceuticals' stock surged by over 44% on the news.

Watch Eli Lilly acquires Centessa Pharmaceuticals in $6.3 billion deal for sleep disorder drugs - Varney & Company | FOX One