US drug majors help launch Enlight Biosci
A new Boston, USA-based company has been launched by PureTech Ventures together with several major pharmaceutical companies. Enlight Biosciences will direct its budget of up to $39.0 million to advance breakthrough technologies that can fundamentally alter drug discovery and development.
The industry players that helped establish the company - US drug majors Merck & Co, Eli Lilly and world drug giant Pfizer - have the opportunity to invest in the development of these technologies. Enlight was co-founded by PureTech Ventures and a group of senior academics.
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