Johnson & Johnson to Invest $1 Billion in New Pennsylvania Cancer Facility

The facility is part of the company’s $55 billion plan, announced in March, to expand its U.S. manufacturing and research and development footprint.
Johnson & Johnson to Invest $1 Billion in New Pennsylvania Cancer Facility
Johnson & Johnson offices in Irvine, Calif., on Oct. 17, 2023. Mario Tama/Getty Images
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Johnson & Johnson on Feb. 18 announced it would invest more than $1 billion in a next-generation cell therapy manufacturing facility in Montgomery, Pennsylvania, that will create new medicines to treat cancer, and neurological and immune-related diseases.

The facility expands upon Johnson & Johnson’s extensive footprint in the Commonwealth of Pennsylvania, where it operates 10 facilities spanning more than 2 million square feet. Johnson & Johnson subsidiary Janssen Biotech will operate the new facility in Lower Gwynedd Township in Montgomery County, north of downtown Philadelphia.

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Rob Sabo
Rob Sabo
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Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.