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BioSpace·3h ago·1 min read
save

Lilly adds $870M to Gate Bioscience partnership to pursue new drug targets

Oct 5, 2026·read at BioSpace ↗DealPositive

Eli Lilly is expanding its collaboration with Gate Bioscience, adding a new financial commitment of more than $870 million.

The original July 2025 agreement gave Lilly access to Gate’s "Molecular Gate" engine to develop small-molecule drugs that target difficult extracellular proteins. The new multi-year deal adds one undisclosed target and includes an option to add a second.

Under the terms, Gate will receive an undisclosed upfront payment and an additional payment if a second target is selected, with further milestone payments possible after preclinical work.

The partnership aims to create a new class of drugs, referred to by Gate as "molecular gates," to address diseases with high unmet need.

source

This writeup was produced by pharmadog from original reporting by BioSpace.

Original headline: “Lilly doubles down on Gate alliance to unlock new drug class with another $870M+ in biobucks”

read at BioSpace ↗
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companies & drugs in this story

companies
LILLY18ELI LILLY CO5Eli Lilly and CoUltragenyx Pharmaceutical Inc.
drugs
Undisclosed5ImmunologyObesityRare Disease
topics
Big PharmaImmunologyObesityRare Disease

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