ELI LILLY ASIA VC FUND SETTLES IN SHANGHAI

AsiaInfo Services, November, 2007

AsiaInfo Services 11-16-2007 Eli Lilly Asia VC Fund Settles in Shanghai BEIJING, Nov 16, 2007 (SinoCast via COMTEX) -- World's well-known pharmaceutical company US-based Eli Lilly and Company announced on November 14 that the China headquarters of its Asia venture capital fund had been founded at Pudong, Shanghai, the financial center of China. Four experts in investment and life sciences field are appointed senior managing director, managing directors and chief investment manager, respectively. As a top VC institution in the global pharmaceutical sector, the fund mainly focuses on bioscience, medical devices and diagnosis, and makes investment in growth companies urging for financial support from mature investors.

It also assists the projects that can...

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