Eli Lilly LLY announced that it has entered into a research and collaboration agreement with Entos Pharmaceuticals to develop innovative nucleic acid therapies targeting multiple neurologic indications.Per the deal, Lilly has in-licensed rights to Entos Pharmaceuticals' Fusogenix nucleic acid delivery technology to develop proteo-lipid vehicles (PLV) for the delivery of Lilly’s therapeutic cargo to targets in the central and peripheral nervous systems.While Entos will be responsible for the generation, development, and optimization of PLVs using its proprietary Fusogenix platform technology, Lilly will be in charge of selecting PLVs for clinical development and commercialization.Shares of Lilly have rallied 56.4% in the trailing 12 months in comparison with the industry’s 17.8% decline.Image Source: Zacks Investment ResearchPer the agreement terms, Entos will receive an upfront payment of $50 million — including an equity investment — from Lilly. Further, Entos is eligible to receive potential developmental and commercial milestone payments up to $400 million for each program under the collaboration. Entos is also eligible to receive royalties upon successful commercialization of these therapies.Lilly is aiming to expand to the neuroscience portfolio, which currently includes marketable drugs like Emgality (for preventive migraine treatment), Cymbalta (for major depressive disorder) and Zyprexa (for schizophrenia). During third-quarter 2021, Lilly generated $450.2 million in revenues from neuroscience products.This collaboration with Entos will give an impetus to Lilly to expand the neuroscience pipeline.Eli Lilly and Company Price Eli Lilly and Company price | Eli Lilly and Company QuoteZacks Rank & Stocks to ConsiderEli Lilly currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the overall healthcare sector include AbbVie ABBV, Pfizer PFE and Precision BioSciences DTIL. While both Pfizer and Precision BioSciences currently carry a Zacks Rank #1 (Strong Buy), AbbVie currently holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Pfizer’s earnings per share estimates for 2022 have increased from $3.84 to $5.50 in the past 60 days. Shares of Pfizer have rallied 48% in the past year.Earnings of Pfizer beat earnings estimates in three of the last four quarters and missed expectations in one, with the average surprise being 10.9%.Precision BioSciences’ loss per share estimates for 2022 have narrowed from $2.39 to $1.91 in the past 60 days.Earnings of Precision BioSciences beat estimates in all the last four quarters, delivering a surprise of 76.9%, on average.AbbVie’s earnings per share estimates for 2022 have increased from $13.99 to $14.09 in the past 60 days. Shares of AbbVie have risen 26.7% in the past year.Earnings of AbbVie beat estimates in three of the last four quarters and met expectations in one, with the average surprise being 3%. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. As one investor put it, “curing and preventing hundreds of diseases…what should that market be worth?” This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pfizer Inc. (PFE): Free Stock Analysis Report Eli Lilly and Company (LLY): Free Stock Analysis Report AbbVie Inc. (ABBV): Free Stock Analysis Report Precision BioSciences, Inc. (DTIL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research