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Weil Advised Eli Lilly in its $1 Billion Acquisition of Prevail Therapeutics

Weil advised Eli Lilly and Company in its $1 billion acquisition of Prevail Therapeutics Inc., a gene therapy company leveraging breakthroughs in human genetics with the goal of developing and commercializing disease-modifying AAV-based gene therapies for patients with neurodegenerative diseases. The transaction closed on January 12, 2021.

The Weil team that advised Eli Lilly was led by Mergers & Acquisitions partner Raymond Gietz and included Mergers & Acquisitions partner Matthew Gilroy and Mergers & Acquisitions associate Tom Tsatsis. The team also included Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy associate Kane Wishart; Executive Compensation & Benefits partner Amy Rubin; and Tax partner Helyn Goldstein.