News

Lilly pumps $700Mn to build research center for new drug development

Eli Lilly, an American pharmaceutical company, has been working to establish a stronger footprint in genetic medicine over the past few years. Recently, the company revealed plans to establish a Boston research center that will use DNA- and RNA- based technologies to develop novel drugs.

NewSpace secures funding of $21mn at an undisclosed valuation

NewSpace Research & Technologies (NTR), based in Bengaluru that designs and develops Persistent Drones for Earth Observation and Communications, has reportedly raised $21 million in a funding round headed by Pavestone Technology Fund.

The valuation of the funding was undisclos