Pfizer to invest $500M in North Carolina gene therapy plant

Drug giant Pfizer plans to invest $500 million to expand its manufacturing plant in Stanford, N.C., which focuses on gene therapy development, according to EndPoints News.

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The expanded facility will add additional capacities and capabilities to support Pfizer’s growing gene therapy unit. 

The Sanford-based plant currently manufactures therapies for hemophilia B and Duchenne muscular dystrophy, among other gene therapies. 

The expanded facility will create about 300 jobs.

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