Oct 9 (Reuters) \u2013 GSK will invest more than $800 million to expand its Upper Merion, Pennsylvania site into a \u200bnew biopharmaceutical manufacturing and research hub, \u200ccreating more than 300 jobs over the next five years, Pennsylvania Governor Josh Shapiro\u2019s office said on Friday.<\/p>\n
\u2022 The investment will establish a \u200csite \u200bthat combines drug manufacturing, \u2060research and development, quality \u2060testing and digital operations in Montgomery County.<\/p>\n
\u2022 GSK said construction is planned to begin in 2027 and the project will \u200bsupport both clinical and commercial production of biologic medicines.<\/p>\n
\u2022 The expansion is \u2060expected to create more \u2060than 300 new jobs and \u200bretain about 4,500 existing full-time jobs in Pennsylvania.<\/p>\n
\u2022 \u200bThe company said the project will \u200cinclude a new commercial-scale biologics manufacturing facility, a research pilot plant and a centralized quality-control laboratory.<\/p>\n
\u2022 Pennsylvania officials said GSK \u2060will be eligible for state manufacturing tax incentives tied to the investment.<\/p>\n
\u2022 The Upper Merion expansion \u2060and GSK\u2019s \u200cpreviously announced Lancaster County facility \u2060project together represent nearly $1.7 billion \u200bof \u200cplanned investment in Pennsylvania, according \u200bto state \u2060officials.<\/p>\n
\u2022 GSK, whose U.S. headquarters is in Philadelphia, said the expansion will help accelerate the development and supply of future medicines.<\/p>\n
(Reporting by Sahil Pandey in Bengaluru; Editing by \u200bAnil D\u2019Silva)<\/p>\n","protected":false},"excerpt":{"rendered":"Oct 9 (Reuters) \u2013 GSK will invest more than $800 million to expand its Upper Merion, Pennsylvania site…\n","protected":false},"author":2,"featured_media":303291,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[28,30,29],"class_list":["post-303290","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pennsylvania","tag-pennsylvania","tag-pennsylvania-headlines","tag-pennsylvania-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/303290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=303290"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/303290\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/303291"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=303290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=303290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=303290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}