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July 08, 2024

Eli Lilly to buy bowel disease drug developer Morphic for $3.2 bln

Shares of drug developer Morphic surged 76 per cent to $56.15 premarket on Lilly's offer of $57 per share, which represents a 79 per cent premium to stock's last closing price.

from Health News | Latest Healthcare Sector & Healthcare Industry news, Information and Updates: ET HealthWorld : ETHealthworld.com https://ift.tt/59iGPZm

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