Yahoo Entertainment July 16, 2026 • 13:23

Eli Lilly to buy psychedelic drugmaker AtaiBeckley for up to $3.8 billion in bet on depression therapy - Yahoo Finance

By Ines Ferré

Eli Lilly announced it is buying AtaiBeckley in a bet on neuroscience and psychiatric pharmaceuticals.

What happened: AtaiBeckley (ATAI) stock jumped 30% pre-market Thursday after Eli Lilly (LLY) said it would acquire the clinical-stage biopharmaceutical company.
What's behind the move: Eli Lilly is … [+1400 chars]

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Eli Lilly to buy psychedelic drugmaker AtaiBeckley for up to $3.8 billion in bet on depression therapy - Yahoo Finance

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