Eli Lilly to buy privately held SiteOne in deal worth up to $1 billion

- 5/27/2025

</head><body><p>(Reuters) -Eli Lilly will buy privately held SiteOne Therapeutics in a deal worth as much as $1 billion, the companies said on Tuesday, giving the drugmaker access to an experimental non-opioid pain medicine.</p><p>SiteOne's STC-004 belongs to a class of drugs, known as Nav1.8 inhibitors, that targets the channels involved in transmitting pain signals.</p><p>Vertex Pharmaceuticals' recently approved non-opioid painkiller Journavx also belongs to the same class.</p><p>Under the terms of the agreement, SiteOne shareholders could receive up to $1 billion in cash, inclusive of an upfront payment and subsequent payments upon achievement of certain regulatory and commercial milestones.</p><p> (Reporting by Sriparna Roy in Bengaluru; Editing by Devika Syamnath)</p></body></html></p> <div id="news-wrapper"> <div class="thumbnail additional-resources client-content-image-box"> <div class="box-image" style="background-image: url(/images/home/news.jpg);"></div> <div class="caption"> <h3>Nationwide News</h3> <div> <p><a href='/aging/news-archive.aspx'>News Archive</a></p> </div> </div> </div> </div> </div> </div> </div> </section> </div>  <footer class="footer">  <div class="clearfix footerInfo"> <div class="container"> <div class="row"> <div class="col-sm-7 col-xs-12"> <div class="footerText"> <a href="http://www.trilogyir.com/" target="_blank" class="footerLogo"><img src="/images/Noc-Logo-white.png" alt="Footer Logo" style="width: 200px;"></a> <div class="genericContent" id="landingPageText"> <p>The Network of Care is a comprehensive, Internet-based community resource for seniors and persons with disabilities, as well as their caregivers and service providers.</p> </div> <h3 id="lblTechAssistance" style="color: #fff; 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Eli Lilly to buy privately held SiteOne in deal worth up to $1 billion