Lilly to Hire 20 in San Diego

Xconomy San Diego — 

Eli Lilly today unveiled a multi-million dollar initiative to expand its biotech R&D in protein engineering, a move that includes hiring biochemists and biologists to work in “multi-specific therapeutics” in San Diego and Indianapolis. A spokeswoman says Lilly plans to hire about 20 scientists in each city. With its extensive expertise in biologics, Lilly says it is possible to engineer compounds so that one medicine provides multiple therapeutic effects. Lilly gained much of its experience in protein engineering through its 2004 acquisition of San Diego-based Applied Molecular Evolution.