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Stock impact report

Redwire Successfully Returns Third Batch of Pharmaceutical Drug Experiments to Earth

Redwire Corporation (RDW) 
Company Research Source: Business Wire
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that its third batch of pharmaceutical drug crystals grown in space have successfully returned to Earth. The returned samples include crystals being studied by Eli Lilly and Company (Lilly) using Redwire’s PIL-BOX platform. Lilly researchers are using this experiment to potentially accelerate the discovery of novel medicines to treat chronic diseases.Redwire and Lilly launched a research investigation in November 2023 that successfully demonstrated that insulin crystals grown in microgravity are larger and more ordered than those grown on Earth. Building upon this success, Lilly researchers will use the findings from this second investigation to expand their understanding of crystal formation and how they can impact drug discovery and development.“Redwire has continued to build momentum with our pharmaceutical research capabi Show less Read more
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