{"id":450519,"date":"2021-03-04T07:51:01","date_gmt":"2021-03-04T12:51:01","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450519"},"modified":"2021-03-04T07:51:01","modified_gmt":"2021-03-04T12:51:01","slug":"biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\/","title":{"rendered":"Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina"},"content":{"rendered":"<div class=\"mw_release\">\n<ul>\n<li style=\"text-align:left\">\n          <em>The innovative and scalable gene therapy manufacturing facility will support Biogen\u2019s plan to advance its gene therapy portfolio<\/em><br \/>\n          \n        <\/li>\n<li>\n          <em>The new facility is expected to employ approximately 90 people and to be operational by 2023 <\/em>\n        <\/li>\n<\/ul>\n<p>CAMBRIDGE, Mass., March  04, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RV3xD9vfCpXPeM10fdmL34MREY6qdPDBb-m3DYpTx6XslIcQFiAve6oX-ExDk1g1XzvDCW83DIU86jjM52chTg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Biogen Inc.<\/a>\u00a0(Nasdaq: BIIB) today announced its plans to build a new gene therapy manufacturing facility at its Research Triangle Park (RTP) manufacturing campuses in North Carolina to support its growing gene therapy pipeline across multiple therapeutic areas.<\/p>\n<p>As pioneers in neuroscience, Biogen is pursuing multiple modalities with the aim of bringing life-saving medicines to those who suffer from serious neurological and neurodegenerative diseases. With this new facility, Biogen is investing in robust and scalable gene therapy manufacturing with the goal of ensuring reliable supply to patients worldwide. Gene therapy is an emerging therapeutic modality that may be suitable for a growing list of genetically validated targets in neuroscience.<\/p>\n<p>\u201cWe plan to build differentiated, sustainable and advanced manufacturing capabilities to support our gene therapy programs and collaborations,\u201d said Nicole Murphy, Senior Vice President, Global Manufacturing and Technical Operations. \u201cThis additional investment underscores our commitment to RTP and our mission to deliver a reliable supply of high-quality medicines to the patients we serve. We are poised with a diverse workforce that is passionate about making a difference in the lives of patients and we look forward to welcoming new colleagues from the community to join us in that mission.\u201d<\/p>\n<p>Through the new facility, Biogen aims to continue its investment in North Carolina and expand its existing operations and combined workforce of approximately 1,900 employees at both campuses in RTP. Biogen anticipates that the new facility will create approximately 90 new jobs, with an estimated total investment of approximately $200 million. Biogen selected RTP for this new facility given the region\u2019s diverse pool of talent and the company\u2019s 26-year track record of attracting highly qualified and passionate employees in North Carolina. Biogen\u2019s priority is to continue to foster and enable a diverse and inclusive workforce \u2013 representing age, gender, sexual identity, race, ethnicity, Veterans, and people with disabilities \u2013 that reflects the communities where we operate and the patients who we serve.<\/p>\n<p>The site will be 175,000 square feet and designed in compliance with the most advanced sustainability standards regarding energy use, waste management and water consumption.<\/p>\n<p>\n        <strong>About Biogen<\/strong><br \/>\n        <br \/>At Biogen, our mission is clear: we are pioneers in neuroscience. Biogen discovers, develops and delivers worldwide innovative therapies for people living with serious neurological and neurodegenerative diseases as well as related therapeutic adjacencies. One of the world\u2019s first global biotechnology companies, Biogen was founded in 1978 by Charles Weissmann, Heinz Schaller, Kenneth Murray and Nobel Prize winners Walter Gilbert and Phillip Sharp. Today Biogen has the leading portfolio of medicines to treat multiple sclerosis, has introduced the first approved treatment for spinal muscular atrophy, commercializes biosimilars of advanced biologics and is focused on advancing research programs in multiple sclerosis and neuroimmunology, Alzheimer\u2019s disease and dementia, neuromuscular disorders, movement disorders, ophthalmology, neuropsychiatry, immunology, acute neurology and neuropathic pain.<\/p>\n<p>We routinely post information that may be important to investors on our website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IeSIXT9Vo2nryB_v9aXKh2GxISkWROGvftkJm26PwuahiHQEhlIEbxmHZwLaA1fOO2GG1DQBc8MGUBSSN5xQaA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.biogen.com<\/a>. Follow us on social media \u2013 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=q_Lz-CTpQ3bymb3BAxlgr3apww7bJoL9iFG1OSCUMH1I_xpGqhVW3X0zEkkS8n-fTuy8A9o0hnB9uywhLk4a5A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Twitter<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=KGQT4x1EHB4si8X3vqNHrhQCTSGC0P6WRVfaA8wcfY4-Avjunklme58agT7qTe5_sniY1VcTltH-17lWYd0YDfrPO421UQQmTNFdv7VHJOc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">LinkedIn<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x73ByYVXejDzYwhxzEWJntSAzBFuQo_qRvfmIXJgLoQR0_l4QQhGi7wjjk20QaXHt5V0lDVsMjLaKOc4pdj_lQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Facebook<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QQdDONU4Xvm9RZSrNIXi2PJ23cCZ5Ix-VfrvkwIoQxZAW50nY4Q_4LDffXor5nfkoFwJyluU9pvCyBZ9Dvygqg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">YouTube<\/a>.<\/p>\n<p>\n        <strong>Biogen Safe Harbor<\/strong><br \/>\n        <br \/>This news release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, relating to our plans to build a new gene therapy manufacturing facility and the timing thereof; our expectations regarding our multi-year investment in a new gene therapy manufacturing facility; the anticipated benefits and potential of a new gene therapy manufacturing facility; potential of, and expectations for, our pipeline programs; our strategy and plans; our capital allocation and investment strategy; and risks and uncertainties associated with drug development and commercialization. These forward-looking statements may be identified by words such as \u201caim,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cforecast,\u201d \u201cgoal,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cwill,\u201d \u201cwould\u201d and other words and terms of similar meaning. You should not place undue reliance on these statements.<\/p>\n<p>These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including, without limitation, risks that the construction of a new gene therapy manufacturing facility will be completed in a timely manner or at all; uncertainty as to whether the anticipated benefits of a new gene therapy manufacturing facility can be achieved; the possibility that conditions to the completion of the gene therapy manufacturing facility will not be satisfied; risks of unexpected hurdles, costs or delays; failure to obtain regulatory approvals; risks relating to investment in our manufacturing capacity; problems with our manufacturing processes; and the direct and indirect impacts of the ongoing COVID-19 pandemic on our business, results of operations and financial condition. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from our expectations in any forward-looking statement. Investors should consider this cautionary statement as well as the risk factors identified in our most recent annual or quarterly report and in other reports we have filed with the U.S. Securities and Exchange Commission. These statements are based on our current beliefs and expectations and speak only as of the date of this news release. We do not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.<\/p>\n<table style=\"border-collapse: collapse;width:50%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:45%;width:45%;min-width:45%\">MEDIA CONTACT:<\/td>\n<td style=\"max-width:55%;width:55%;min-width:55%\">INVESTOR CONTACT:<\/td>\n<\/tr>\n<tr>\n<td>David Caouette<\/td>\n<td>Mike Hencke<\/td>\n<\/tr>\n<tr>\n<td>Biogen Inc.<\/td>\n<td>Biogen Inc.<\/td>\n<\/tr>\n<tr>\n<td>Tel: (781) 464-3260<\/td>\n<td>Tel: (781) 464-2442<\/td>\n<\/tr>\n<\/table>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDQ4MyM0MDQ3NTU2IzIwMDk2ODQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/acaa3abe-e602-41e4-bf4b-c8a597be7031\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The innovative and scalable gene therapy manufacturing facility will support Biogen\u2019s plan to advance its gene therapy portfolio The new facility is expected to employ approximately 90 people and to be operational by 2023 CAMBRIDGE, Mass., March 04, 2021 (GLOBE NEWSWIRE) &#8212; Biogen Inc.\u00a0(Nasdaq: BIIB) today announced its plans to build a new gene therapy manufacturing facility at its Research Triangle Park (RTP) manufacturing campuses in North Carolina to support its growing gene therapy pipeline across multiple therapeutic areas. As pioneers in neuroscience, Biogen is pursuing multiple modalities with the aim of bringing life-saving medicines to those who suffer from serious neurological and neurodegenerative diseases. With this new facility, Biogen is investing in robust and scalable gene therapy manufacturing with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450519","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The innovative and scalable gene therapy manufacturing facility will support Biogen\u2019s plan to advance its gene therapy portfolio The new facility is expected to employ approximately 90 people and to be operational by 2023 CAMBRIDGE, Mass., March 04, 2021 (GLOBE NEWSWIRE) &#8212; Biogen Inc.\u00a0(Nasdaq: BIIB) today announced its plans to build a new gene therapy manufacturing facility at its Research Triangle Park (RTP) manufacturing campuses in North Carolina to support its growing gene therapy pipeline across multiple therapeutic areas. As pioneers in neuroscience, Biogen is pursuing multiple modalities with the aim of bringing life-saving medicines to those who suffer from serious neurological and neurodegenerative diseases. With this new facility, Biogen is investing in robust and scalable gene therapy manufacturing with &hellip; Continue reading &quot;Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T12:51:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDQ4MyM0MDQ3NTU2IzIwMDk2ODQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina\",\"datePublished\":\"2021-03-04T12:51:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\\\/\"},\"wordCount\":927,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE4NDQ4MyM0MDQ3NTU2IzIwMDk2ODQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biogen-announces-plans-to-build-a-new-state-of-the-art-gene-therapy-manufacturing-facility-in-research-triangle-park-north-carolina\\\/\",\"name\":\"Biogen Announces Plans to Build a New, State-of-the-Art Gene Therapy Manufacturing Facility in Research Triangle Park, North Carolina - 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As pioneers in neuroscience, Biogen is pursuing multiple modalities with the aim of bringing life-saving medicines to those who suffer from serious neurological and neurodegenerative diseases. 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