Eli Lilly To Buy Centessa Pharma For Up To $7.8 Billion; Centessa Shares Skyrocket

Eli Lilly (LLY) said Tuesday it would buy sleep-wake disorders drugmaker Centessa Pharmaceuticals (CNTA) for up to $7.8 billion. Centessa stock skyrocketed and is poised to open at a record high. Eli Lilly To Buy Centessa Pharma For Up To $7.8 Billion; Centessa Shares Skyrocket | Investor's Business Daily BREAKING: Stocks Swing Higher As Cruise, Airlines Climb The initial deal values Centessa at $6.3 billion. But Lilly said it would pay an additional $9 per share in a contingent value right, or CVR, ...