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Regeneron to Invest $800M in Rensselaer

To expand its lab space, manufacturing capacity and warehouse facilities; will create 1,500 new jobs

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By: Kristin Brooks

Managing Editor, Contract Pharma

Regeneron plans to invest approximately $800 million over seven years to expand its laboratory space, manufacturing capacity and warehouse facilities at its Rensselaer, NY campus. The expansion will create 1,500 new full-time jobs in the area.   New York State, Empire State Development offered the company as much as $140 million in performance-based incentives, including $70 million in Excelsior Jobs Program tax credits. Regeneron markets Eylea for retinal diseases, which had $3.7 billion in s...

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