Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal

AtaiBeckley Inc.
Eli Lilly and Company
AbbVie, Inc.

AtaiBeckley Inc.

ATAI

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Eli Lilly and Company

LLY

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AbbVie, Inc.

ABBV

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July 16 (Reuters) - Eli Lilly LLY.N said on Thursday it would acquire psychedelic drug developer AtaiBeckley ATAI.O for up to $3.8 billion, entering the race to develop psychedelic treatments for depression and other mental health disorders.



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