Biogen Establishes Research Triangle Park, North Carolina, Gene Therapy Production Campus

URLhttps://www.areadevelopment.com/newsItems/3-5-2021
SourceAreaDevelopment
Date Published03/05/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Biogen Inc.
Parent companyRoche Pharmaceuticals
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):90
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):200
Country(ies) from which reshored:Switzerland
City reshored to:Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredneurological gene therapy, biotechnology
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Skilled workforce availability/training
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