Devens to be a Billion-Dollar Site for Bristol-Myers Squibb

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MAY 19, 2013 | LAST UPDATED MAY 19, 2013 4:46 PM

By Emily Micucci

Five years after Bristol-Myers Squibb finished building its first Massachusetts manufacturing facility in Devens, the region continues to reap the benefits of the biopharmaceutical company’s decision to locate here.

That’s because Bristol-Myers Squibb (NYSE: BMY) is expanding its operations in Devens, bringing new jobs and tax revenue, and adding to the ever-expanding life sciences footprint in Massachusetts. The $250 million project, slated to begin at the end of 2013, will add two buildings to the existing Bristol-Myers’ Devens campus, which now includes four structures on an 89-acre campus tucked away off Jackson Road. The facility has focused mainly on large-scale bulk biologics manufacturing. At roughly 200,000 square feet, the new construction will add capabilities, including early production of investigational biologics medicines and manufacturing to support clinical drug trials.

Read more via Devens To Be A Billion-Dollar Site For Bristol-Myers Squibb | MetroWest495 Biz

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