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New site will develop APIs in the U.S. for cancer, autoimmune and other advanced therapies.
September 16, 2025
By: Kristin Brooks
Managing Editor, Contract Pharma
Lilly announced plans to invest $5 billion to build a new manufacturing facility west of Richmond, VA. The new site will be the company’s first dedicated, fully integrated active pharmaceutical ingredient (API) and drug product facility for Lilly’s emerging bioconjugate platform and monoclonal antibody portfolio. The investment expands domestic drug production and aims to circumvent potential tariffs. Earlier this year, the company announced plans to bolster its domestic medi...
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