HK-listed Metis TechBio, Eli Lilly strike drug-delivery deal worth up to $1.1 billion
Metis TechBio, a Hong Kong-listed biotech, has partnered with Eli Lilly for up to $1.1 billion to develop AI-driven drug-delivery technologies. Metis will receive an upfront payment and potential milestone payments, plus royalties on sales. The collaboration aims to improve tissue targeting for LNP-based therapies.
