Lilly's Billion-Dollar Deal With CureVac For 'Next Generation' Immunotherapies

Lilly is targeting mRNA-based next-generation immunotherapies in its collaboration with Germany's CureVac, which could be worth more than $1.7bn for the family-office backed biotech.

Keys
Do immunotherapies hold the key to cancer? • Source: Shutterstock

Cancer vaccine research has suffered clinical-stage setbacks over the years, but there have been suggestions that combining them with checkpoint inhibitors and other new anticancers has promise. That's cause enough for Germany's mRNA-focused biotech CureVac AG to attract its second big pharma collaborator, Eli Lilly & Co., for its immunotherapy research.

Other potential reasons include the backing of SAP software company founder Dietmar Hopp and the Bill & Melinda Gates Foundation,...

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