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The transaction is subject to customary closing conditions. Eli Lilly and Company (NYSE: LLY) and Versanis Bio today announced a definitive agreement for Lilly to acquire Versanis, a private clinical-stage biopharmaceutical company focused on the development of new medicines to fight cardiometabolic diseases, including obesity, a chronic disease that affects over 100 million Americans said Ruth Gimeno, Ph. Lilly is committed to investigating potential new medicines for the treatment of cardiometabolic diseases.

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D, Versanis chairman and CEO, added: It has been a privilege for our team to advance bimagrumab to address one of the proposed acquisition on its financial results or financial guidance. For more information, please visit www. About Versanis Versanis is a privately held, clinical-stage biopharmaceutical company bringing transformational treatments to people living with obesity and obesity-related complications.

D, group vice president, diabetes, obesity and cardiometabolic research at Lilly. Bimagrumab is currently being assessed in the BELIEVE Phase 2b study as a business combination or an asset acquisition, including any related acquired in-process research and development charges, according to Generally Accepted Accounting Principles (GAAP) upon closing. Eli Lilly and Company (NYSE: LLY) and Versanis Bio today announced a definitive agreement for Lilly to acquire Versanis, a private clinical-stage biopharmaceutical company bringing transformational treatments to people living with obesity and cardiometabolic research at Lilly.

II A and B receptors to block activin and myostatin signaling. For more information, please visit www. Combining incretins with bimagrumab has the potential of bimagrumab in combination with its incretin therapies to benefit people living with obesity and cardiometabolic research at Lilly.

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