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to Buy This Autoimmune Drugmaker for $2.9 Billion in Cash. 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Lilly will acquire the rights to Merida's lead asset, MER511, which is currently in early clinical development for Graves' disease and thyroid eye disease.The deal consideration includes an upfront cash payment and contingent milestone payments, Lilly said.While much of investor attention has centered on Lilly's ever-expanding oncology portfolio, the Merida deal marks the drugmaker's latest move to bolster its immunology pipeline through strategic acquisitions. In February, Lilly agreed to buy Orna Therapeutics, a developer of therapies for B-cell-driven autoimmune diseases, in a $2.4 billion cash deal.Lilly shares slipped 0.3% in premarket trading Monday. 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Weekly | WXET, CRWL Surge 25%; SMST Sinks 18%; ZSL Jumps 9%; Inverse Metals and Small-Cap Bears Lead","url":"https://stock-news.laohu8.com/highlight/detail?id=1177198998","media":"ETF Weekly","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1177198998?lang=en_us&edition=fundamental","pubTime":"2026-08-29 08:01","pubTimestamp":1787961708,"startTime":"0","endTime":"0","summary":"Market OverviewFor Aug 24 – Aug 28, 2026, the Dow Jones Industrial Average advanced 0.53%, the S&P 500 increased 0.49%, and the Nasdaq Composite climbed 0.85%.ETF market breadth was mixed, 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GLP-1 Weight-Loss Drugs Stall at $14 Monthly Despite High Diabetes Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1128151773","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1128151773?lang=en_us&edition=fundamental","pubTime":"2026-08-29 05:56","pubTimestamp":1787954186,"startTime":"0","endTime":"0","summary":"India's weight-loss drug market is delivering a sobering lesson to the global pharmaceutical industry about market expectations. Despite large-scale generic production of GLP-1 medications and prices...","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FHLC","MNDmain","UUP","JDOC","RSPH","FXH","UDN","OZEM","LLII","ELIL","PJP","MEDI","NVOX","XLVI","THNR","NBDS","ELIS","IYH","PINK","LLYX","CURE","NVOC","NVOH","TRUH"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2663901342","title":"Eli Lilly (LLY) Wins FDA Approval For Mounjaro Heart Risk Reduction","url":"https://stock-news.laohu8.com/highlight/detail?id=2663901342","media":"Simply Wall St.","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2663901342?lang=en_us&edition=fundamental","pubTime":"2026-08-29 03:27","pubTimestamp":1787945237,"startTime":"0","endTime":"0","summary":"Eli Lilly (NYSE: LLY) received FDA approval for Mounjaro to reduce major cardiovascular risk in adults with type 2 diabetes who are at high risk.\nThe new indication expands Mounjaro’s approved use beyond blood sugar control to include cardiovascular risk reduction.\nThe decision could influence how clinicians position Mounjaro in care plans for adults with type 2 diabetes and elevated cardiovascular risk.\nPayers may factor the cardiovascular indication into future coverage and 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Update: Health Care Stocks Mixed Pre-Bell Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2662966095","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662966095?lang=en_us&edition=fundamental","pubTime":"2026-08-28 21:17","pubTimestamp":1787923054,"startTime":"0","endTime":"0","summary":"Healthcare stocks were mixed premarket Friday, with the State Street Health Care Select Sector SPDR ETF  gaining by 0.1% and the iShares Biotechnology ETF  down 0.6%.Cytokinetics  shares were down 4%, extending the 1.6% loss in the previous session. The company said Friday that its phase 3 clinical trial of aficamten in symptomatic non-obstructive hypertrophic cardiomyopathy met both primary endpoints.Hutchmed's  stock was up 1% after the company said a new drug application for fanregratinib to treat liver cancer has been granted conditional approval by China's National Medical Products Administration.Eli Lilly  stock was up 0.5% after the company said the US Food and Drug Administration approved Mounjaro to lower the risk of major adverse cardiovascular events in adults with type 2 diabetes who are at high risk for those 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