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Eli Lilly to acquire Adverum Biotechnologies · Endata

◂ Announcements

Oct 24, 2025ACQUISITIONUnited States

Eli Lilly to acquire Adverum Biotechnologies

Eli Lilly and Company has announced a definitive agreement to acquire Adverum Biotechnologies, including its lead product candidate Ixo-vec, a Phase 3 gene therapy for wet age-related macular degeneration.

Status

Announced

ProductsIxo-vec gene therapy for wet age-related macular degeneration

CompaniesEli Lilly and Company acquirer Adverum Biotechnologies target

Sectors#Medical Devices

“Ixo-vec has the potential to transform wAMD treatment from a paradigm of chronic care with repeated intravitreal injections to a convenient one-time therapy”investor.lilly.com

1 source
investor.lilly.comLilly to Acquire Adverum Biotechnologies | Eli Lilly and CompanyEli Lilly, CompanyOct 24, 2025

Summarized from public sources; check the original articles before acting on it.

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