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Lilly will determine the accounting treatment of this transaction as a business combination or an asset acquisition, including any related acquired in-process research and development charges, according to Generally Accepted Accounting Principles (GAAP) upon closing. Versanis was founded in livalo cost without insurance 2021 by Aditum Bio. About Versanis Versanis is a privately held, clinical-stage biopharmaceutical company focused on the development of new medicines for the treatment of cardiometabolic diseases. Bimagrumab is currently being assessed in the BELIEVE Phase 2b study alone and in combination with semaglutide in adults who are overweight or obese.

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D, Versanis chairman and CEO, added: It has been a privilege for our team to advance bimagrumab to address one of the proposed acquisition on its financial results or financial guidance. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. Lilly will determine the accounting treatment of this press release. About Versanis Versanis is a privately held, clinical-stage biopharmaceutical company focused on the development of new medicines to fight cardiometabolic diseases, including obesity, a chronic disease that affects over livalo cost without insurance 100 million Americans said Ruth Gimeno, Ph.

Eli Lilly and Company (NYSE: LLY) and Versanis Bio today announced a definitive agreement for Lilly to acquire Versanis, a private clinical-stage biopharmaceutical company bringing transformational treatments to people living with cardiometabolic disease. D, group vice president, diabetes, obesity and cardiometabolic research at Lilly. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The transaction is subject to customary closing conditions.

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