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Business

Lilly Moves ImClone R&D To NYC Park

by Lisa M. Jarvis
August 3, 2009 | A version of this story appeared in Volume 87, Issue 31
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Credit: Eli Lilly & Co.
New York City Mayor Michael Bloomberg (second from right) looks on as Lilly CEO John C. Lechleiter signs a lease.
Credit: Eli Lilly & Co.
New York City Mayor Michael Bloomberg (second from right) looks on as Lilly CEO John C. Lechleiter signs a lease.

Eli Lilly & Co. has signed on as the first tenant of the Alexandria Center for Science & Technology at East River Science Park, in New York City. Lilly will shift the roughly 125 scientists at its ImClone R&D unit, which it acquired last year for $6.5 billion, to the new location from another Manhattan neighborhood. Lilly expects to add more scientists at the site as ImClone's pipeline of oncology drugs expands.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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