CSL, the Australian biotech firm, reveals $1.5 billion investment in the United States.
Investment Announcement: CSL Limited plans to invest approximately $1.5 billion in the U.S. over the next five years to enhance production of plasma-derived therapies and strengthen the pharmaceutical supply chain.
Job Creation: The investment is expected to create hundreds of high-quality jobs in the U.S., as the company aims to leverage the country's status as the leading source of plasma.
Existing Operations: CSL already operates two manufacturing plants in the U.S., located in Illinois and North Carolina, but has not disclosed the locations of the new facilities.
Industry Context: This move aligns with a trend among drugmakers to expand U.S. manufacturing in response to potential tariffs on pharmaceuticals, with the government negotiating pricing agreements with major companies.
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