Eli Lilly Buys Psychedelic Startup | Business and Finance News episode artwork

EPISODE · Jul 16, 2026 · 1 MIN

Eli Lilly Buys Psychedelic Startup | Business and Finance News

from The Daily News Now! Business

Eli Lilly just dropped a blockbuster $2.8 billion deal to buy psychedelic startup Atai Becker, signaling a massive leap in the race to revolutionize mental health treatment. AtaiBeckley’s late-stage DMT-based drug for treatment-resistant depression, plus other psychedelic pipelines including MDMA-related compounds, could reshape therapy for depression and PTSD. With the Trump administration already spotlighting psychedelics, this move reflects a broader cultural and scientific shift. Eli Lilly, already on a $10B+ acquisition spree this year with potential to hit $25B, is betting big on established, high-impact projects. AtaiBeckley’s stock soared over 30% in premarket trading — a clear vote of confidence from investors. This isn’t just a corporate play — it’s a pivotal moment in how we’ll treat mental illness in the years ahead. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2480804da292e0ea

Episode metadata supplied by the publisher feed · Published Jul 16, 2026

Embed this episode

NOW PLAYING

Eli Lilly Buys Psychedelic Startup | Business and Finance News

0:00 1:49

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of The Daily News Now! Business?

This episode is 1 minute long.

When was this The Daily News Now! Business episode published?

This episode was published on July 16, 2026.

Can I download this The Daily News Now! Business episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!