Acquisition$ 2,400,000,000Hospitals and Health Care

Eli Lilly and Company Acquires Orna Therapeutics for

Orna Therapeutics acquired by Eli Lilly and Company

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Orna Therapeutics
Acquired

Orna Therapeutics

USHospitals and Health Care

Deal Value

$2,400,000,000

February 9, 2026

Eli Lilly and Company
Acquirer

Eli Lilly and Company

Hospitals and Health Care

Eli Lilly and Company has acquired Orna Therapeutics for $2.4 billion.

This strategic move sees the global pharmaceutical giant integrate a biotechnology company specializing in advanced RNA therapeutics.

Orna Therapeutics is known for its pioneering work in developing a circular RNA technology platform, oRNA®, alongside innovative lipid nanoparticle (LNP) delivery solutions.

These solutions are specifically designed to enable safe and effective in vivo therapies for various diseases, marking a significant step in the evolution of genetic medicines.

Orna Therapeutics' core focus has been on reshaping RNA therapeutics by unlocking the full potential of circular RNA.

Its proprietary oRNA® platform aims to overcome limitations of traditional linear RNA approaches, offering a novel pathway for drug development.

The company's efforts are directed towards creating unprecedented delivery solutions that can effectively transport these circular RNA molecules within the body, thereby expanding the therapeutic possibilities for a range of conditions and potentially improving patient outcomes.

For Eli Lilly, this acquisition represents a significant expansion of its capabilities in the rapidly evolving field of genetic medicines.

The integration of Orna's circular RNA technology is expected to bolster Eli Lilly's research and development pipeline, providing new avenues for drug discovery across its therapeutic areas, including oncology, immunology, and neuroscience.

This strategic investment underscores Eli Lilly's commitment to leveraging cutting-edge biotechnologies to address unmet medical needs and enhance its portfolio of innovative treatments.

The synergy between Eli Lilly's extensive pharmaceutical development expertise, regulatory experience, and global infrastructure, and Orna's specialized circular RNA platform, is anticipated to accelerate the translation of groundbreaking science into clinical applications.

The combined entity is poised to advance the next chapter of RNA-based therapies, aiming to bring novel and effective treatment options to patients worldwide and solidify its position in the future of medicine.

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