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Benzinga
Benzinga
Business
Vandana Singh

Biogen Bets Big On $2 Billion Expansion To Boost US Drug Manufacturing

Biogen United States BIIB North Carolina
Medical,,Research,And,Scientist,In,Laboratory,With,Microscope,,Observation,And

Biogen Inc. (NASDAQ:BIIB) said on Monday that it plans to invest an additional $2 billion in its existing manufacturing footprint in North Carolina’s Research Triangle Park (RTP).

Biogen has invested approximately $10 billion in its North Carolina manufacturing footprint to date, including more than $3 billion in recent years, and this upcoming investment will fuel the continued advancement of Biogen’s late-stage clinical pipeline.

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