---
title: "Pfizer inks $10.5B oncology deal as Lilly expands vaccines"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288199750.md"
description: "Pfizer agreed to a deal worth up to $10.5B with Innovent, paying $650M upfront to co-develop 12 oncology programs. Simultaneously, Eli Lilly is acquiring Curevo, LimmaTech, and Vaccine Co. for up to $4B combined to strengthen its vaccine portfolio. These major transactions highlight intensified cross-border collaboration and competition in the biopharma sector, potentially accelerating global access to new treatments."
datetime: "2026-06-01T02:05:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288199750.md)
  - [en](https://longbridge.com/en/news/288199750.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288199750.md)
---

# Pfizer inks $10.5B oncology deal as Lilly expands vaccines

Pfizer's cancer push: Pfizer will pay Innovent $650M upfront in a deal worth up to $10.5B, aiming to co-develop 12 oncology programs and expand its cancer drug pipeline. Lilly's vaccine spree: Eli Lilly will acquire Curevo, LimmaTech, and Vaccine Co. for up to $4B combined, bolstering its position in infectious disease prevention. Global market impact: These transactions signal heightened cross-border collaboration and competition in biopharma, potentially accelerating access to new treatments worldwide.

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