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Eisai Research Institute Opens New Facility

Thursday, January 18, 2007 7:30:00 AM PDT | VentureDeal Staff

ANDOVER, MA -- The Eisai Research Institute of Boston announced the opening of its 150,000 square foot pharmaceutical research facility.  The facility was financed by its Japanese parent company, Eisai Co., Ltd. and will consolidate basic discovery research and provide for future company growth.

"The $65 million facility will be devoted to discovery research utilizing a combination of natural products-based synthetic organic chemistry and target- oriented biology to identify and develop drug compounds.

Two compounds discovered at the Eisai Research Institute are in phase III clinical trials - one for severe sepsis and one for cancer.

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