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As Advertised...
- Marcus Nikos
- 6 days ago
- 1 min read
Roche Hldg to invest $50 bln in US pharmaceuticals and diagnostics over next five years (38.80)
Co announced that it will invest $50 billion into the United States of America in the next five years. These investments further strengthen Roche's already significant US footprint with 13 manufacturing and 15 R&D sites across the Pharmaceutical and Diagnostics Divisions, and are expected to create more than 12,000 new jobs, including nearly 6,500 construction jobs, as well as 1,000 jobs at new and expanded facilities.
As part of this investment, Roche will increase its existing footprint of more than 25,000 employees in 24 sites across eight US states.
Once all new and expanded manufacturing capacity comes on-line, Roche will export more medicines from the US than it imports. Today, its diagnostics division already has an export surplus from the US to other countries.
This will open up Deals for Roche
