Eli Lilly Opens Innovation Center in Boston
Company's $700 Million Investment Boosts RNA and DNA Research
Seaport Facility to House 700+ Employees
Eli Lilly and Company (NYSE: LLY) has officially opened the Lilly Seaport Innovation Center (LSC) in Boston. The 700 million dollar facility will house over 700 employees and focus on RNA and DNA research.
The LSC is part of Lilly's broader commitment to innovation. The company has invested more than 100 million dollars in research and development (RD) over the past 150 years, resulting in the development of more than 100 medicines.
The LSC will be a hub for Lilly's RD efforts in RNA and DNA technologies. These technologies have the potential to revolutionize the treatment of a wide range of diseases, including cancer, diabetes, and neurodegenerative disorders.
The LSC is located in the Boston Seaport, which is home to a number of other major research institutions. This location will give Lilly access to a pool of talented scientists and engineers.
The opening of the LSC is a major milestone for Lilly. The facility will help the company to continue to develop innovative new medicines that will improve the lives of patients around the world.
Comments