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Human tissue developer Humacyte to go public via $1.1bn merger with Alpha Healthcare

Human tissue developer Humacyte to go public via $1.1bn merger with Alpha Healthcare

Humacyte, a clinical-stage biotech platform company, has agreed to merge with blank check company Alpha Healthcare Acquisition Corp. (AHAC), in a deal that values the combined firm at $1.1 billion. Based in Durham, North Carolina, Humacyte is focused on developing bioengineered human tissue that can be universally implantable at commercial scale. Rajiv Shukla – Chairman […]

Lilly to build $470m pharma manufacturing plant in North Carolina

US pharma giant Eli Lilly and Company (Lilly) will build a new pharma manufacturing plant in North Carolina with an investment of more than $470 million for producing injectable products and delivery devices. The new Lilly pharma manufacturing facility will be built in Research Triangle Park, and will generate over 460 new jobs in Durham. […]

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