Roche's Genentech more than doubles investment in North Carolina facility to about $2 billion


Swiss drugmaker Roche's logo is seen at their headquarters in Basel, Switzerland January 28, 2016. REUTERS/Arnd Wiegmann

Jan 20 (Reuters) - Roche's ‌Genentech said on Tuesday it ‌will more than double its initial ‌investment in a biomanufacturing facility in North Carolina to about $2 billion, as the companies look ‍to further boost their $50 ‍billion investment in ‌the U.S.

The facility, based in Holly Springs, ‍North ​Carolina is set to be operational by 2029 and will ⁠produce next-generation treatments for metabolic conditions, ‌such as obesity.

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