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Oct 19, 2026

Metis TechBio and Eli Lilly strike drug delivery collaboration worth up to $1.1 billion

Hong Kong-listed Metis TechBio has entered into a collaboration agreement with Eli Lilly worth up to $1.1 billion to research and develop tissue-specific drug delivery technologies. The deal represents a significant partnership between the biotech firms focused on advancing targeted drug delivery capabilities.

Oct 19, 2026·4 sources
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Top claims

  • ▪Metis TechBio and Eli Lilly aim to discover and optimize novel lipid nanoparticle architectures that could enhance tissue specificity and therapeutic performance.
  • ▪The novel lipid nanoparticle architectures developed under the Metis TechBio and Eli Lilly collaboration are intended to have potential applications across multiple disease areas.
  • ▪Metis TechBio is eligible to earn up to about $1.1 billion in development, regulatory, and commercial milestone payments from Eli Lilly, plus tiered single-digit percentage royalties on annual net sales.

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