Thank you for sharing!

Your article was successfully shared with the contacts you provided.

INDIANAPOLIS-Eli Lily and Co. has completed the first phase of a $560-million expansion to its biotech complex in Indianapolis.

In a ceremony yesterday, company officials dedicated a 225,000-sf bioproducts pilot manufacturing plant that will be used to produce drugs on a small scale for clinical trials. The facility was designed to allow Lily to operate up to one-half of the manufacturing capacity required for full-scale manufacturing. According to Lily, this approach will help ease the transition from development to full-scale manufacturing.

A 100,000-sf research support facility also was dedicated yesterday. Nearly 700 scientist, engineers and support staff will relocate to the facility.

Construction of a 475,000-sf bioproducts research and development laboratory is scheduled for completion in the first quarter of 2007.The facility will be used by Lily scientists to conduct research in molecular and cell biology, analytical science, pharmaceutics and engineering.

The construction of the three buildings and Lily’s acquisition in 2004 of Applied Molecular Evolution, a San Diego-based operation that conducts protein optimization research, accounts for a total biotech capital investment of approximately $1 billion.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.