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Eli Lilly & Co. is joining the rest of its big pharma competitors by establishing a presence in Cambridge, Mass. Looking to capitalize on the vast academic and biotech talent in the area, the Indianapolis-based firm will open a drug delivery and device innovation center in Kendall Square. Lilly has already begun building the labs, which will increase its delivery and device R&D space by almost 50% when they open at the end of the year. Some 30 scientists and engineers will be hired over the next two years for the Cambridge site.
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