Biotech Growth Trust scores again as Eli Lilly buys AtaiBeckley

Investment trust Biotech Growth (LON:BIOG) scored yet another win as US pharma giant Eli Lilly (NYSE:LLY) snapped up portfolio company AtaiBeckley (NASDAQ:ATAI). The deal represents another success for the trust ‘and further validates our investment strategy’ said manager Geoff Hsu. Eighth deal this year Eli Lilly announced it would buy AtaiBeckley for around $2.8 billion … Continue reading Biotech Growth Trust scores again as Eli Lilly buys AtaiBeckley