Eli Lilly Acquires Dermatology Pharmaceutical Company Dermira For $1.1 Billion

Indianapolis-based Eli Lilly announced Friday its agreement to buy biopharmaceutical company Dermira. Lilly will acquire the California-based company for a little more than $1 billion.

Dermira was founded about a decade ago and sells dermatology drugs to treat conditions including eczema and excessive sweating.

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