Swiss Pharma Company Announces $50 Billion US Investment, 12,000 New Jobs

The announcement follows a recent announcement by another Swiss pharma entity of a $23 billion investment in the United States.
Swiss Pharma Company Announces $50 Billion US Investment, 12,000 New Jobs
The logo of pharmaceutical giant Roche in Basel, Switzerland. Fabrice Coffrini/AFP/Getty Images
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Switzerland-based pharmaceutical company Roche will invest $50 billion in the United States over a five-year period, setting up new facilities and expanding existing ones, the company said in an April 22 statement.

The investments “are expected to create more than 12,000 new jobs, including nearly 6,500 construction jobs, as well as 1,000 jobs at new and expanded facilities,” according to the statement.

Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.