Resilience raises over $800 million to transform pharmaceutical manufacturing in response to COVID-19

URLhttps://techcrunch.com/2020/11/23/resilience-raise
SourceTechCrunch
Date Published11/23/2020
Author NameJonathan Shieber
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name National Resilience Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):800
City reshored to:San Diego
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Chemicals, Medical Equipment & Supplies, healthcare, biosciences
Product(s) reshoredgene therapies, viral vectors, vaccines, proteins
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Higher productivity, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Other, Covid-19
Find Reshoring Articles