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Benzinga
Benzinga
Business
Vandana Singh

Eli Lilly To Invest $5 Billion In New Virginia Manufacturing Facility To Support Cancer Drugs Manufacturing

Eli Lilly and Company

Eli Lilly and Co. (NYSE:LLY) announced on Tuesday that it plans to build a $5 billion manufacturing facility just west of Richmond, Virginia, in Goochland County.

The new facility will be Eli Lilly’s first fully integrated site dedicated to both active pharmaceutical ingredient (API) production and drug products, supporting its growing bioconjugate platform and monoclonal antibody portfolio.

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