Chemical Industry News, Data & Insights

Johnson & Johnson Invests $1 Billion in Pennsylvania Cell Therapy Facility

Key highlights
  • Johnson & Johnson announced a $1 billion investment in a cell therapy facility.
  • The facility is located in Montgomery County, Pennsylvania.
  • It aims to enhance manufacturing for cancer, immune-mediated, and neurological treatments.

Investment Announcement

Johnson & Johnson has announced a significant investment exceeding $1 billion in a new cell therapy manufacturing facility. This development is set to take place in Montgomery County, Pennsylvania.

Facility Purpose

The facility aims to expand the company's U.S. manufacturing capacity. It will focus on advancing treatments for cancer, immune-mediated, and neurological diseases.