Biogen Announces $2 Billion Manufacturing Investment in North Carolina's Research Triangle Park in Conjunction with its 30th Anniversary

Core Viewpoint - Biogen plans to invest an additional $2 billion in its manufacturing operations in North Carolina's Research Triangle Park, building on a total investment of approximately $10 billion to date, which will support the advancement of its late-stage clinical pipeline [1][2][3] Group 1: Investment and Manufacturing Expansion - The new investment will enhance Biogen's existing manufacturing capabilities, including antisense oligonucleotide (ASO) capabilities and multi-platform fill finish capabilities [2] - Biogen's manufacturing footprint in North Carolina has been crucial for delivering innovative treatments globally, with over 90% of its innovator commercial medicines produced and tested in the U.S. [3][4] - The company employs over 1,500 manufacturing and technical employees and more than 400 skilled contractors in North Carolina, making it the state's largest biotechnology employer [3] Group 2: Manufacturing Strategy and Technology - Biogen's global manufacturing strategy focuses on ensuring a resilient and high-quality patient supply through geographical risk diversification and dual sourcing [4] - The North Carolina campuses include advanced quality control laboratories to ensure the safety, efficacy, and purity of medicines produced [4] - The company is modernizing its manufacturing technologies through advanced automation and artificial intelligence [2][3] Group 3: Company Overview - Founded in 1978, Biogen is a leading biotechnology company that focuses on innovative science to deliver new medicines and create value for shareholders and communities [5] - The company aims to take bold risks balanced with return on investment to achieve long-term growth [5]