Roche says will invest $50 bn in US over next five years

Swiss pharma elephantine Roche has its office successful Basel. Photo: Fabrice COFFRINI / AFP
Source: AFP

Swiss pharmaceutical elephantine Roche connected Tuesday announced plans to put $50 cardinal successful the United States implicit the adjacent 5 years.

"These investments further fortify Roche's already important US footprint with 13 manufacturing and 15 R&D sites crossed the pharmaceutical and diagnostics divisions, and are expected to make much than 12,000 caller jobs," a institution connection said.

The steadfast already has plants successful the United States, and said the determination would assistance grow capableness astatine sites successful Kentucky, Indiana, New Jersey, Oregon and California.

"Today’s announced investments underscore our long-standing committedness to research, improvement and manufacturing successful the US," said Roche Group main enforcement Thomas Schinecker.

"Our investments of $50 cardinal implicit the adjacent 5 years volition laic the instauration for our adjacent epoch of innovation and growth, benefiting patients successful the US and astir the world."

Source: AFP