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News
16 Feb 2011

Lilly Raises Capital from Funds as New Way for R&D Costs

Eli Lilly plans to raise up to $750 million through three funds which could help share some of the financial burden for R&D costs.

Eli Lilly is taking a new approach to early R&D that it hopes will allow it to share some of the financial burden. This new approach will expand the company's early-stage pipeline without forcing Lilly to foot the entire R&D bill.
 

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