News

BOSTON -- Merck & Co., Eli Lilly & Co. and Pfizer Inc. are teaming up to create new drug-discovery methods, which the companies say could save them large sums by reducing the failure rate of clinical trials.

The three companies, normally archrivals, and Boston venture-capital firm PureTech Ventures LLC have invested $39 million to launch Enlight Biosciences LLC, which aims to speed the way drugs are found and developed.

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Pfizer, Merck, Lilly Form Drug-Discovery Venture

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Pharma giants to collaborate on new discovery tech

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Lighting A Path To Drug Discovery

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Seeing the Light

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Big Pharmas Team Up to Link Business and Technology Needs

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Pfizer, Merck and Lilly Partner Up to Get "Enlightened"

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The Path to Enlightenment

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Pharmas Collaborate on Novel Start-Up

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New Model for Creating a Drug Discovery Company

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