SWX:ROGPharmaceuticals
Roche’s US$2b Genentech Bet Expands Metabolic Capacity And Valuation Story
Genentech, part of Roche Holding, has expanded its planned investment in a new biomanufacturing facility in North Carolina to US$2b.
The site is intended to increase production capacity for weight loss and metabolic condition treatments.
The project is expected to support future demand in metabolic diseases and expand Roche's operational footprint in the U.S.
Roche Holding (SWX:ROG) is drawing fresh attention as it commits US$2b to new U.S. manufacturing capacity while its shares trade...