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Innovent and Eli Lilly launch global oncology and immunology collaboration with $350M upfront and up to $8.5B in milestones.
Innovent Biologics and Eli Lilly & Company announced a global collaboration on February 8, 2026, to develop new oncology and immunology treatments, their seventh partnership.
Innovent will lead early development in China, while Lilly gains exclusive rights to develop and commercialize candidates worldwide outside Greater China.
Innovent receives a $350 million upfront payment and potential up to $8.5 billion in milestone payments, plus royalties outside Greater China.
The deal leverages Innovent’s antibody platforms and Lilly’s global reach, supporting Innovent’s mission to deliver affordable biopharmaceuticals.
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Innovent y Eli Lilly lanzan una colaboración global en oncología e inmunología con $350M por adelantado y hasta $8.5B en hitos.