Drugmaker Eli Lilly to open shared lab space for fledgling biotech startups in Philadelphia

Eli Lilly announced plans to open a new Lilly Gateway Labs in Philadelphia, bringing what it describes as a "distinctive model of scientific partnership" to the city that has a sizable healthcare and medical research presence. According to the Indianapolis-based medicine maker, the lab is intended to provide fully equipped space and the drugmaker's expertise to promising, early-stage biotechs.