UPPER MACUNGIE TWP., Pa.- While the big business story in the Lehigh Valley on Tuesday may be Chobani’s announcement that it’s establishing a new dairy product manufacturing hub in Upper Macungie Township, its future neighbor is also making headlines.
Pharmaceutical giant Eli Lilly has scooped up another biotech company: the Massachusetts-based Merida.
The $2.8 billion deal gives Lilly access to a potential new class of therapeutics for autoimmune and allergic diseases…