Gilead tees up $11B in new US manufacturing, R&D investments
Title
Gilead Adds $11 Billion to U.S. Manufacturing and R&D Investments Amid Policy Pressures
Keywords
- Gilead Sciences
- U.S. manufacturing
- R&D investment
- Biopharma
- Capital projects
- Pharmaceutical jobs
- Drug production
- Trump administration
- Facility expansion
- Technological innovation
Key Facts
- Gilead Sciences is investing an additional $11 billion into its U.S. manufacturing and research & development operations, responding to political pressures and competitive moves by other major pharmaceutical companies35.
- This $11 billion boost supplements Gilead’s previously committed $21 billion, bringing its total planned U.S. investment to $32 billion over five years4.
- The new outlay will fund the construction of three new facilities and upgrades to three existing sites in the U.S., with a focus on advanced technology and engineering initiatives4.
- Of the $11 billion, $4 billion is allocated to capital projects like labs and equipment, and $5 billion is designated for additional areas within R&D and operations2.
- The company estimates this expansion will create about 3,000 new U.S. jobs by 2028, including 800 direct positions and 2,200 indirect opportunities4.
- Gilead projects that this combined investment will generate $43 billion in value for the U.S. economy4.
- The move comes as several Big Pharma companies, including Bristol Myers Squibb, intensify domestic investments, particularly in anticipation of potential tariffs and shifting U.S. trade policies14.
- In March 2024, pharma imports to the U.S. reached over $50 billion, underscoring the strategic importance of bolstering domestic production capacity4.
Sources:
1. https://www.biopharmadive.com/news/gilead-11-billion-us-drug-manufacturing-tariffs/747470/
2. https://www.contractpharma.com/breaking-news/gilead-sciences-increases-investment-in-u-s-operations/
3. https://pharmaphorum.com/news/gilead-ups-its-us-investment-plans-11-billion
4. https://www.biospace.com/business/gilead-pumps-11b-more-into-us-manufacturing-hopes-to-add-3-000-jobs