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Eli Lilly to invest $5 billion in new Virginia plant as pharma braces for tariffs

The $5 billion facility will create over 650 high-wage jobs and focus on antibody-drug conjugates to enhance domestic production and strengthen the pharmaceutical supply chain.

  • Eli Lilly said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments.
  • Drugmakers have been scrambling to boost their production in the U.S. as President Donald Trump threatens to clamp down on the industry with tariffs on pharmaceuticals imported into the country.
  • The new U.S. investments build on the success of Eli Lilly's weight loss drug Zepbound and diabetes counterpart Mounjaro, which have vied for dominance of the booming market for so-called GLP-1 drugs with rival treatments from Novo Nordisk.
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U.S. News broke the news in New York, United States on Tuesday, September 16, 2025.
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