Eli Lilly – Orna Therapeutics
WaiverWA-01087
View on ACCC websiteStage
Waiver application
Waiver Application Date
24/02/2026
Determination Published
12/03/2026 (16 cal / 11 bus. days)
Determination
Acquirers
Eli Lilly and Company
IRS Employer Identification Number 350470950
Targets
Orna Therapeutics Holdings, LLC
IRS Employer Identification Number 861182936
Other parties
Shareholder Representative Services, LLC
BLJX Acquisition, LLC
Description
Eli Lilly and Company (Eli Lilly) proposes to acquire 100% of the issued shares in Orna Therapeutics Holdings, LLC (Orna Therapeutics) pursuant to an Agreement and Plan of Merger.
Eli Lilly is a US-based pharmaceutical company, which discovers, develops, manufactures and markets human pharmaceutical products for various therapeutic areas, including diabetes, oncology, immunology and neuroscience. Eli Lilly is headquartered in Indianapolis, US and is publicly listed on the New York Stock Exchange.
Orna Therapeutics is a US-based pre-clinical biotechnology company developing a new class of engineered circular RNA (oRNA) therapeutics and immune tropic lipid nanoparticles (LNP) delivery technologies for the treatment of autoimmune disorders, and cancer conditions. Orna Therapeutics has a pipeline of pre-clinical in vivo Chimeric Antigen Receptor T-cell (CAR-T) therapies designed to treat B cell-driven autoimmune diseases.
Timeline & Events
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Merger notified to ACCC
24/02/2026