Innovent clarifies Lilly collaboration is not an acquisition

Reuters03-25 07:00

Innovent clarifies Lilly collaboration is not an acquisition

Innovent said its strategic collaboration agreement with Lilly became effective after the company received early clearance from the US Federal Trade Commission.
The company said some media reports incorrectly interpreted the agreement’s effectiveness as an acquisition of Innovent.
Innovent said it is not engaged in, and has no intention of pursuing, an acquisition transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovent Biologics Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260325-12065852), on March 24, 2026, and is solely responsible for the information contained therein.

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