Biogen to invest $2B

Biogen to invest $2B

Biogen, a biotechnology company based in Cambridge, Massachusetts, said it will invest an additional $2 billion to expand its pharmaceutical manufacturing operations in North Carolina’s Research Triangle Park (RTP).

The investment will support the build-out of antisense oligonucleotide (ASO) infrastructure, new fill-finish capabilities for clinical and commercial products, and advanced automation and artificial intelligence.

The company said this is part of a multi-year plan to upgrade and expand multiple facilities across its two RTP campuses, which currently include seven manufacturing sites and an eighth under construction. Biogen has invested approximately $10 billion in its North Carolina manufacturing footprint to date, including more than $3 billion in recent years.

“Our manufacturing footprint in the United States has played a critical role in advancing the treatments that are making an impact for patients,” Nicole Murphy, head of pharmaceutical operations and technology at Biogen, said in a statement. “With this investment, we will modernize and expand our manufacturing capability to enable our pipeline and provide resilient patient supply.”

Biogen said more than 90% of its commercial medicines undergo manufacturing and quality control testing in the U.S. The expansion is expected to support continued advancement of Biogen’s clinical pipeline and strengthen long-term supply chain resilience, according to the company.

 

Continue at:  https://www.pharmamanufacturing.com/industry-news/news/55304759/biogen-to-invest-2b-in-north-carolina-manufacturing-expansion

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Manostaxx – Industrial Management Consulting

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