Exclusive: Eli Lilly boosts inflammatory disease pipeline, licenses three candidates from TRexBio
Eli Lilly is adding three new preclinical candidates to its immune and inflammatory medicines armory through TRexBio, a Bay Area biotech that specializes in T regulatory cells, or Tregs.
In exchange for global licenses on the candidates — TRB-051, TRB-031, and TRB-041 — TRexBio will get $55 million upfront. All in all, TRexBio could get over $1.1 billion when factoring in downstream milestones. According to TRexBio’s website, TRB-051 is the furthest along, in the IND-enabling phase.
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