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Missed AI, Memory Bull Run? Biotech May Be The Next Breakout Trade — But Retail Sentiment Has Never Been Lower

The AI and memory-chip rallies may have already minted their biggest winners, but biotech is mounting a breakout of its own, with the XBI biotech ETF sharply outperforming the broader market as cash-rich drugmakers race to buy promising pipelines before blockbuster patent losses begin eroding reven…

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Weekly Recap: Eli Lilly acquisition of AtaiBeckley and BPL-003 Phase 3

AtaiBeckley Inc. (NASDAQ:ATAI) agreed to be bought by Eli Lilly for $6.75 cash plus up to $2.50 in milestone CVRs as its lead intranasal antidepressant BPL‑003—now in Phase 3 after FDA Breakthrough status—advances while the company weighs sales or partnerships and sees a cut in analyst target to $7…

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Big Pharma Just Paid Up to $3.8 Billion for Psychedelic Medicine, and the Rest of the Sector Is Being Repriced in Real Time

Issued on behalf of Helus Pharma™Eli Lilly's agreement to acquire AtaiBeckley for up to $3.8 billion hands psychedelic medicine its first large-cap validation, and it lands on a late-stage cohort already carrying pivotal data into the back half of 2026, among them Helus Pharma™ (NASDAQ:HELP) (Cboe…

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AtaiBeckley to Be Acquired by Eli Lilly for $6.75 Cash Plus Up to $2.50 CVR

AtaiBeckley entered into a definitive merger agreement for its acquisition by Eli Lilly, offering $6.75 per share in cash plus a contingent value right of up to $2.50 per share based on clinical and regulatory milestones. The deal will be executed via a merger of Lilly subsidiary Albali Acquisition…

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Lilly to acquire AtaiBeckley to advance therapies for treatment-resistant depression and other mental health conditions

AtaiBeckley's lead program, BPL-003, is designed to provide durable relief from treatment-resistant depressionAcquisition expands Lilly's neuroscience pipeline to address some of the most challenging conditions in mental healthINDIANAPOLIS and NEW YORK, July 16, 2026 /PRNewswire/ -- Eli Lilly and C…

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Why Is ATAI Stock Soaring 59% After-Hours?

Shares of AtaiBeckley Inc (ATAI) jumped 59% after-hours following reports that pharmaceutical giant Eli Lilly is close to a deal for the psychedelic drug developer.Eli Lilly (LLY) is nearing an agreement involving AtaiBeckley, Bloomberg reported on Wednesday, citing people familiar with the matter…

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