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    1. Home
    2. >Business
    3. >EU signs joint procurement deal for Eli Lilly COVID-19 treatment
    Business

    EU Signs Joint Procurement Deal for Eli Lilly COVID-19 Treatment

    Published by maria gbaf

    Posted on September 22, 2021

    1 min read

    Last updated: February 3, 2026

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    The image depicts the signing of a joint procurement contract by the EU for Eli Lilly's monoclonal antibody COVID-19 treatment, part of the EU's strategy to combat the pandemic.
    Eli Lilly COVID-19 treatment agreement signed by EU - Global Banking & Finance Review
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    Quick Summary

    The EU has signed a contract with Eli Lilly for a COVID-19 treatment, involving 18 countries and aiming to treat up to 220,000 patients.

    EU Finalizes Procurement Deal for COVID-19 Treatment

    BRUSSELS (Reuters) – The European Commission has signed a joint procurement contract with U.S. drugmaker Eli Lilly and Co for the supply of a monoclonal antibody treatment for COVID-19, the EU executive arm said in a statement on Tuesday.

    The treatment is under review by the European Medicines Agency, it said, and 18 EU countries have signed up to the joint procurement for the purchase of enough to treat up to 220,000 patients.

    The deal is part of a portfolio of five promising therapeutics announced by the Commission under the EU’s COVID-19 Therapeutics Strategy in June. It also includes treatments from GlaxoSmithKline Plc and Vir Biotechnology Inc, Regeneron Pharmaceuticals Inc and Celltrion HealthCare Co.

    “We need to continue our work to prevent illness with vaccines and at the same time ensure that we can treat it with therapeutics,” EU Commissioner for Health Stella Kyriakides said.

    (Reporting by Jan Strupczewski; Editing by Bill Berkrot)

    Key Takeaways

    • •The EU signed a contract with Eli Lilly for COVID-19 treatment.
    • •The treatment is under review by the European Medicines Agency.
    • •18 EU countries are involved in the procurement.
    • •The deal is part of the EU's COVID-19 Therapeutics Strategy.
    • •Other companies involved include GlaxoSmithKline and Regeneron.

    Frequently Asked Questions about EU signs joint procurement deal for Eli Lilly COVID-19 treatment

    1What is the main topic?

    The main topic is the EU's procurement deal with Eli Lilly for a COVID-19 treatment.

    2What is the EU's COVID-19 Therapeutics Strategy?

    It is a strategy by the EU to secure promising COVID-19 treatments, including those from Eli Lilly and other companies.

    3How many EU countries are involved in the procurement?

    18 EU countries have signed up for the joint procurement.

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