Eli Lil­ly re-ups di­ver­si­ty pledge, pitch­ing in $30M to ven­ture fund for mi­nor­i­ty-owned health­care firms

The fight against racial in­jus­tice spurred by a se­ries of high-pro­file shoot­ings of Black men by po­lice ear­li­er this year put Big Phar­ma and health­care — in­dus­tries tar­get­ed for their lack of di­ver­si­ty — in the hot seat. Eli Lil­ly made an ear­ly pledge to change its ways and put more back in­to the com­mu­ni­ty, and now it’s con­tin­u­ing to make good on that com­mit­ment.

Lil­ly will in­fuse $30 mil­lion in­to the Un­seen Cap­i­tal Health Fund, a ven­ture fund look­ing to in­vest in ear­ly-stage mi­nor­i­ty-owned health­care com­pa­nies that have been his­tor­i­cal­ly “un­seen” by the in­vest­ment com­mu­ni­ty, the phar­ma said Fri­day.

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