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   <title>UBS Reiterates Buy Rating on Eli Lilly (LLY) on Deal to Acquire ATAI</title>
   <link>http://www.streetinsider.com/Analyst+Comments/UBS+Reiterates+Buy+Rating+on+Eli+Lilly+%28LLY%29+on+Deal+to+Acquire+ATAI/26782459.html</link>
   <description>&lt;p&gt;UBS analyst Michael Yee reiterated a Buy rating and $1,425.00 price target on Eli Lilly (NYSE: LLY).&lt;/p&gt;&lt;p&gt;The analyst commented, &quot;Eli Lilly announced it will acquire ATAI (AtaiBeckley) for ~$2.8B upfront, and up to $1B in CVR. Strategically, the acquisition aligns and actually coincides with Dave Ricks comments on an investor podcast a few weeks ago in which he believes neuropsych can be an area of development that could have the best chance of &quot;competing with the cardiometabolic&quot; portfolio ie because big TAM and underpenetrated markets. Today's deal gives LLY the optionality to play in this market with a Phase III</description>
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   <pubDate>Fri, 17 Jul 2026 09:13:14 -0400</pubDate>
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   <title>Oppenheimer on AtaiBeckley Inc (ATAI): 'LLY Acquisition Validates Psychedelic Advantages'</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Oppenheimer+on+AtaiBeckley+Inc+%28ATAI%29%3A+%27LLY+Acquisition+Validates+Psychedelic+Advantages%27/26777865.html</link>
   <description>&lt;p&gt;Oppenheimer analyst Jay Olson reiterated an Outperform rating and $16.00 price target on AtaiBeckley Inc (NASDAQ: ATAI).&lt;/p&gt;&lt;p&gt;The analyst comments &quot;We view LLY's acquisition of ATAI for ~$3.8B total equity value as validating our conviction in the transformative potential of psychedelic medicine. We see unique advantages for the shorter-acting MOAs of BPL-003 (5-MeO-DMT) and VLS-01, for which we imagine operational synergies for a large pharma that could most readily leverage commercial infrastructure to accelerate uptake. Deal terms include ~$2.8B upfront reflecting a $6.75/share value plus ~$1B in CVRs including: 1) $1.00/share upon initiating a Ph3 study for VLS-01 within 4 years</description>
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   <pubDate>Thu, 16 Jul 2026 10:00:57 -0400</pubDate>
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   <title>Oppenheimer on AtaiBeckley Inc (ATAI): 'LLY Acquisition Validates Psychedelic Advantages'</title>
   <link>http://www.streetinsider.com/Analyst+Comments/Oppenheimer+on+AtaiBeckley+Inc+%28ATAI%29%3A+%27LLY+Acquisition+Validates+Psychedelic+Advantages%27/26777865.html</link>
   <description>&lt;p&gt;Oppenheimer analyst Jay Olson reiterated an Outperform rating and $16.00 price target on AtaiBeckley Inc (NASDAQ: ATAI).&lt;/p&gt;&lt;p&gt;The analyst comments &quot;We view LLY's acquisition of ATAI for ~$3.8B total equity value as validating our conviction in the transformative potential of psychedelic medicine. We see unique advantages for the shorter-acting MOAs of BPL-003 (5-MeO-DMT) and VLS-01, for which we imagine operational synergies for a large pharma that could most readily leverage commercial infrastructure to accelerate uptake. Deal terms include ~$2.8B upfront reflecting a $6.75/share value plus ~$1B in CVRs including: 1) $1.00/share upon initiating a Ph3 study for VLS-01 within 4 years</description>
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   <pubDate>Thu, 16 Jul 2026 10:00:57 -0400</pubDate>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
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&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Eli+Lilly+to+acquire+AtaiBeckley+for+up+to+%243.8B/26776271.html</link>
   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Eli Lilly to acquire AtaiBeckley for up to $3.8B</title>
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   <description>

&lt;p&gt;Eli Lilly and Company (NYSE: LLY) has agreed to acquire AtaiBeckley Inc. (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing treatments for mental health conditions, in a deal valued at up to approximately $3.8 billion.&lt;/p&gt;

&lt;p&gt;Under the terms of the agreement, Lilly will pay $6.75 per share in cash at closing, representing an aggregate equity value of approximately $2.8 billion. AtaiBeckley shareholders will also receive a Contingent Value Right (CVR) worth up to $2.50 per share in additional cash payments tied to development and regulatory milestones for AtaiBeckley's two lead programs, representing a potential additional aggregate equity value of approximately $1.0 billion.</description>
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   <title>Lilly to acquire AtaiBeckley to advance therapies for treatment-resistant depression and other mental health conditions</title>
   <link>http://www.streetinsider.com/Press+Releases/Lilly+to+acquire+AtaiBeckley+to+advance+therapies+for+treatment-resistant+depression+and+other+mental+health+conditions/26776267.html</link>
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&lt;div class=&quot;xn-content&quot;&gt;
&lt;p class=&quot;prntac&quot;&gt;&lt;i&gt;AtaiBeckley's lead program, BPL-003, is designed to provide durable relief from treatment-resistant depression &lt;/i&gt;&lt;/p&gt;&lt;p class=&quot;prntac&quot;&gt;&lt;i&gt;Acquisition expands Lilly's neuroscience pipeline to address some of the most challenging conditions in mental health &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/us.in.indpol&quot; idsrc=&quot;xmltag.org&quot; &gt;INDIANAPOLIS&lt;/location&gt; and &lt;location value=&quot;LU/us.ny.nyc&quot; idsrc=&quot;xmltag.org&quot; &gt;NEW YORK&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;July 16, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;span value=&quot;NYSE:LLY&quot; idsrc=&quot;xmltag.org&quot; &gt;Eli Lilly and Company&lt;/span&gt; (NYSE: LLY) and &lt;span value=&quot;ACORN:5021668354&quot; idsrc=&quot;xmltag.org&quot; &gt;AtaiBeckley Inc.&lt;/span&gt; (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing innovative therapeutics for mental health conditions, today announced a definitive agreement for Lilly to acquire AtaiBeckley.&lt;/p&gt;&lt;p&gt;AtaiBeckley is advancing a pipeline of rapid-acting neuroplastogens, including multiple clinical-stage programs and a</description>
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   <title>Lilly to acquire AtaiBeckley to advance therapies for treatment-resistant depression and other mental health conditions</title>
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&lt;p class=&quot;prntac&quot;&gt;&lt;i&gt;AtaiBeckley's lead program, BPL-003, is designed to provide durable relief from treatment-resistant depression &lt;/i&gt;&lt;/p&gt;&lt;p class=&quot;prntac&quot;&gt;&lt;i&gt;Acquisition expands Lilly's neuroscience pipeline to address some of the most challenging conditions in mental health &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/us.in.indpol&quot; idsrc=&quot;xmltag.org&quot; &gt;INDIANAPOLIS&lt;/location&gt; and &lt;location value=&quot;LU/us.ny.nyc&quot; idsrc=&quot;xmltag.org&quot; &gt;NEW YORK&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;July 16, 2026&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ -- &lt;span value=&quot;NYSE:LLY&quot; idsrc=&quot;xmltag.org&quot; &gt;Eli Lilly and Company&lt;/span&gt; (NYSE: LLY) and &lt;span value=&quot;ACORN:5021668354&quot; idsrc=&quot;xmltag.org&quot; &gt;AtaiBeckley Inc.&lt;/span&gt; (Nasdaq: ATAI), a clinical-stage biopharmaceutical company developing innovative therapeutics for mental health conditions, today announced a definitive agreement for Lilly to acquire AtaiBeckley.&lt;/p&gt;&lt;p&gt;AtaiBeckley is advancing a pipeline of rapid-acting neuroplastogens, including multiple clinical-stage programs and a</description>
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   <title>Lilly to acquire AtaiBeckley to advance therapies for treatment-resistant depression and other mental health conditions</title>
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   <title>Lilly to acquire AtaiBeckley to advance therapies for treatment-resistant depression and other mental health conditions</title>
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