Exela expands North Carolina facility
The 20,000sqft cGMP site in Lenoir, Caldwell County offers R&D and manufacturing of injectable, ophthalmic and inhalation solutions both in-house and on a contract basis.
The expansion is supported by a $189,000 grant from the One North Carolina Fund. The local economy has been boosted by this fund, backed by State governor Bev Perdue, and the area has cultivated a high-end business climate attracting a plethora of biotech companies.
According to the North Carolina Department of Commerce, state investment of $1.2billion in the last ten years has led to more than 538 bioscience companies having operations in the area, employing over 58,000 people.
The world’s first state-supported biotechnology centre is based there, as are many of the Big Pharma companies, including GlaxoSmithKline, Novartis and Pfizer.
