This week in R&D: Eli Lilly opens large R&D center in Boston, Cisco cuts 5,900 jobs
The R&D World Index (RDWI) was up 2.91% with Cisco leading at 8.78%, in spite of its lay-off announcement. In the week ending August 16, the index closed at 3878.49 for the 25 companies in the RDWI. The Index was up 2.91% (or 109.53 basis points). …