The pharmaceutical conglomerates join Merck, Eli Lilly and Pfizer in collaborating with US-based Enlight, which sources and develops medical research technology.
Biopharmaceutical company Enlight Biosciences formed strategic partnerships with pharmaceutical corporations AstraZeneca and Novo Nordisk on Thursday. The two firms will have the chance to invest in Enlight with the aim of creating technology for use in their therapeutics programs.
Enlight was originally formed in 2008 by early stage investment company PureTech Ventures, with $39m of funding partially provided by pharmaceutical conglomerates Pfizer, Merck and Eli Lilly.
The idea behind Enlight is to locate innovations from academic laboratories which can…