Pharmaceutical Industry Roundup: Major Investments, Collaborations, and Drug Approvals
Merck & Co. has broken ground on a new $3 billion manufacturing facility in Elkton, Virginia, marking a significant expansion of its domestic production capabilities. The 400,000-square-foot site, dubbed a "Center of Excellence," will produce both active pharmaceutical ingredients and drug products. This facility is part of Merck's broader $70 billion investment initiative to bolster U.S. manufacturing and R&D operations, which began in early 2025.