Australia's CSL recovers after signing licensing deal with Eli Lilly
ReutersFeb 18, 2026 12:32 AM
Shares of CSL CSL.AX rise 1.5% to A$153.78
Shares rebound after plunging 16.9% last week on posting an 81% drop in first‑half profit, while CEO Paul McKenzie stepped down
Australian biotech giant signs licensing agreement with Eli Lilly LLY.N, granting it certain rights to develop and commercialise clazakizumab
Clazakizumab is an antibody aimed at preventing heart-related illness and death in people with end‑stage kidney disease
CSL will receive an upfront payment of $100 million
CSL shares down 10.9% YTD
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