None
SO
Lilly, Resilience to invest $750 million in US drug manufacturing expansion
['July', 'Min Read']
Yahoo Finance
July 30 (Reuters) - Drugmaker Eli Lilly and privately held contract manufacturer Resilience will invest $750 million to expand pharmaceutical manufacturing capacity in the U.S.
• Resilience said the investment will increase the production of critical medicines and create 400 new high-skilled jobs in the Cincinnati, Ohio region.
• The company's manufacturing operations in the region will now include Lilly's KwikPen injectable device for treating diabetes and obesity, it added.
• The multi-year manufacturing partnership between Lilly and Resilience, which began in 2023, has already produced more than 150 million doses of medicines for U.S. patients in vial and pre-filled syringe formats, according to Resilience.
• Lilly's manufacturing head Edgardo Hernandez said the partnership reflects the drugmaker's efforts to meet rising demand for its medicines.