Already a major player in integrin therapy for diabetes and obesity with Mounjaro/Zepbound (tirzepatide), Eli Lilly and Company now is looking to that drug class to add critical mass in gastrointestinal disease, announcing a $3.2bn bid on 8 July to acquire Morphic Therapeutic, Inc. and its Phase II MORF-057, an oral alpha-four/beta-7 (α4β7)-targeting compound in development for ulcerative colitis and Crohn’s disease.
Lilly is wagering that Morphic’s candidate will offer an efficacy and safety profile sufficient to compete with Takeda Pharmaceutical Co. Ltd
Key Takeaways
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Lilly and Morphic have agreed on a takeout valued at $3.2bn, which would bring the larger company a Phase II oral integrin for IBD indications
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