AtaiBeckley (ATAI) Soars to 4-Year High on $3.8B Merger with Eli Lilly

July 17, 2026 · 5 sources · High impact · Updated Jul 21, 2026

AtaiBeckley (ATAI) has been acquired by Eli Lilly (LLY) for up to $3.8 billion, leading to a significant surge in ATAI's stock price to a four-year high. This acquisition highlights a growing interest from large pharmaceutical companies in psychedelic-based therapies, although some analysts have downgraded ATAI due to capped near-term upside post-buyout.

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