What does lilly asia ventures do? Lilly Asia Ventures. Lilly Asian Ventures makes venture capital investments in Asia for Eli Lilly and Company, a global innovation-driven pharmaceutical. Shanghai, Shanghai, China.Why did eli lilly launch a venture capital fund in 2001? The... When the genomics revolution was transforming the pharmaceutical industry, Eli Lilly realized that its survival might hinge on its ability to catch up with this disruption. So in 2001 the company launched a corporate venture-capital fund in order to engage with cutting-edge biotech firms when they were just start-ups.What is launchlilly ventures and how does it work? Lilly Ventures was just one of several corporate venture initiatives in the 1990s and 2000s that helped pharmaceutical companies catch up with the rapid advances in bioscience that were threatening to render their chemistry-based expertise irrelevant.What should i do if i am being contacted by lilly? If you suspect that you are being contacted by an unauthorized recruiter or agent of Lilly or believe the offer is suspicious, you may e-mail your concerns to our security department at [email protected]. You may also report suspicious fraud attempts to your local law enforcement agency or the FBI.