Via the deals, Lilly is buying biotechs with lead programmes in preventing shingles, bacteria, and Epstein-Barr Virus.

Eli Lilly has agreed to buy Curevo, LimmaTech Biologics, and Vaccine Company. Credit: Jonathan Weiss/Shutterstock.com.

Eli Lilly has agreed to buy three vaccine-specialist biotechs in a bolstering of its infectious disease portfolio, continuing the drugmaker’s streak of dealmaking in 2026.

Lilly has outlaid up to $3.83bn to buy Curevo, LimmaTech Biologics, and Vaccine Company. Curevo is being acquired for up to $1.5bn, while LimmaTech is being bought for $780m. The Vaccine Company acquisition is the most valuable, commanding a fee of $1.55bn, with all three deals including an upfront fee and milestone payments. Discover B2B Marketing That Performs

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