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How Lilly is using its Mounjaro millions to position as biotechs’ ‘partner of choice’

cafead

Administrator
Staff member
  • cafead   May 01, 2024 at 11:12: AM
via Eli Lilly’s explosion into the weight loss space is proving fruitful for shareholders, but it’s also providing fresh opportunities for biotechs looking for a Big Pharma partnership.

Lilly’s incubator arm, Gateway Labs, already operates two sites in South Francisco. The organization is set to expand to the east coast in August via a presence at the Lilly Institute for Genetic Medicine in Boston's Seaport district. That will be followed by another opening later this year in San Diego.

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