Lil­ly fi­nances new $500M biotech fund man­aged by a16z

Eli Lil­ly is ex­pand­ing its pri­vate fi­nanc­ing am­bi­tions, part­ner­ing with ven­ture cap­i­tal firm An­dreessen Horowitz on a new $500 mil­lion biotech fund.

The phar­ma com­pa­ny …

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