Carolyn Bertozzi is rejoining the board of Eli Lilly on Dec. 8, the pharma giant disclosed in a Friday evening SEC
filing
.
The
2022 Nobel laureate
, who has co-founded more than 10 biotech startups, was previously on the Lilly board from 2017 until 2021. Bertozzi
resigned
in 2021 as one of her startups,
Lycia Therapeutics
, did a collaboration and licensing deal with Lilly.
Lilly’s deal with Lycia is still in effect, CEO Aetna Wun Trombley confirmed to
Endpoints News
via email. The collaboration is worth more than $1.6 billion in biobucks. Lilly is currently acquiring a biotech led by Lycia board member Laurent Fischer. His gene therapy company,
Adverum Biotechnologies
, announced its deal with Lilly last month.
Lilly has drastically grown since Bertozzi was last in the Indianapolis pharma’s boardroom. It sprinted ahead of Novo Nordisk in the obesity drug race and briefly reached the $1 trillion market cap milestone on Friday morning, making it the
first drugmaker to ever do so
.
Bertozzi is a Stanford University professor whose research helped lay the foundation for the field of click chemistry. Her name is attached to startups such as
TwoStep Therapeutics
,
Firefly Bio
and Palleon Pharmaceuticals.
On Lilly’s board, she’ll be part of the science and technology and ethics and compliance committees.
Lilly’s board is chaired by CEO David Ricks and includes nearly a dozen members, including Procter & Gamble CEO Jon Moeller, T. Rowe Price chief operating officer Kimberly Johnson and AutoZone CFO Jamere Jackson.