Eli Lilly to sign $2 billion deal for AI drug development with Hong Kong's Insilico Medicine, FT says - UR MAG

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Sunday, March 29, 2026

Eli Lilly to sign $2 billion deal for AI drug development with Hong Kong's Insilico Medicine, FT says

Eli Lilly to sign $2 billion deal for AI drug development with Hong Kong's Insilico Medicine, FT says

March 29 (Reuters) - Eli Lilly will ‌sign a $2 ‌billion deal with Hong ​Kong-listed biotech Insilico Medicine, which usesartificial intelligence‌for ⁠drug discovery, the Financial Times ⁠reported on Sunday.

Reuters

Lilly will ​acquire ​exclusive ​rights to ‌sell a GLP-1 drug for diabetes from Insilico Medicine, the FT ‌report said, ​citing ​sources ​familiar with ‌the matter.

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Reuters could ​not ​immediately verify the report.

(Reporting by ​Rishabh ‌Jaiswal in Bengaluru. ​Editing by ​Mark Potter)