Ropes-Steered Lilly To Buy Goodwin-Led Merida For $2.9B

By Al Barbarino ( August 31, 2026, 2:44 PM EDT) -- Eli Lilly and Co., advised by Ropes & Gray LLP, said Monday that it has agreed to pay up to $2.875 billion in cash to purchase autoimmune- and allergic disease-focused biotech Merida Biosciences Inc., which is being advised by Goodwin Procter LLP....

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