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Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal

Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal

- Eli Lilly LLY.N said on Thursday it would acquire psychedelic drug developer AtaiBeckley ATAI.O for up to $3.8 billion, entering the race to develop psychedelic treatments for depression and other mental health disorders.



(Reporting by Kunal Das and Puyaan Singh in Bengaluru; Editing by Sriraj Kalluvila)

((Kunal.Das2@thomsonreuters.com;))

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