Eli Lilly - Kelonia Therapeutics
Eli Lilly and Company (**Eli Lilly**) proposes to acquire 100% of the issued shares in Kelonia Therapeutics, Inc (**Kelonia Therapeutics**) (the **Acquisition**). Eli Lilly is a US-based pharmaceutical company, which discovers, develops, manufactures and markets human pharmaceutical products for various therapeutic areas, including diabetes, oncology, immunology and neuroscience. Eli Lilly is headquartered in Indianapolis, US and is publicly listed on the New York Stock Exchange. Eli Lilly has an Australian subsidiary that registers and markets medicine in Australia. Kelonia Therapeutics is a US-based clinical-stage biotechnology company focused on the development of genetic medicines using its in vivo gene placement system (iGPS). Kelonia Therapeutics is developing a pipeline of lentiviral-based in vivo CAR-T therapies primarily for oncology indications. Its lead asset (KLN-1010) is a clinical-stage (Phase 1) that uses iGPS to deliver an anti-BCMA CAR to T cells for treatment of multiple myeloma.
- Status
- Assessment completed
- ACCC determination
- Approved
- Stage
- Phase 1 - initial assessment
- Notified
- 18 May 2026
- Determination published
- 10 June 2026
Acquirers
- Eli Lilly and Company
Targets
- Kelonia Therapeutics, Inc.