News & Features
Virginia Economic Review
Our quarterly publication, Virginia Economic Review, provides an insider look at Virginia’s economy, its diverse array of world-class companies, its amazing talent, and its stunning natural beauty, as well as insights from national thought leaders.
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02.06.2026
Eli Lilly commits $5B to Virginia
Lilly will build a fully integrated manufacturing site in Goochland County, creating 650 jobs and enhancing the U.S. supply chain for advanced drug products.
Pharmaceutical manufacturer Civica Rx expanded into Virginia in 2021, building a sterile injectable drug manufacturing facility in Petersburg. The company turned to the Virginia Talent Accelerator Program to fill approximately 300 positions.
01.05.2026
Bespoke Training for Emerging Workforce Needs
New or expanding companies want to know that they will be able to hire workers with the skills they need. While outside training providers offer established but generic faculty, facilities, and programs, in-house solutions allow for customization but require significant investment.
The Importance of Agility: A Conversation With Tamara Fields
Tamara Fields is the national U.S. public service industry lead at Accenture, and managing director of the company’s Austin, Texas office.
A Conversation with Spencer Marsh, Chief Scientific Officer at Tiny Cargo
Are you a transplant, a boomerang, or a lifelong Virginian? What brought you to the Commonwealth in the first place? I’m a transplant — I was born in Missouri, then lived in Ohio, Georgia, and South Carolina. I attended Clemson University and, after earning my Ph.D.
The Art and Science of Commercialization
Drake Goolsby is chief commercialization officer at Luna Labs, a Charlottesville-based company that helps develop advanced technologies in biotech, advanced materials, and engineered systems for government, military, and industrial clients.
Haleon, Richmond
A Biopharma Booster
Like his fellow Type 1 diabetics, Alec Smith took insulin every day to regulate his blood sugar.
Volkswagen Group of America, Fairfax County
The Best of Both Worlds
In 2020, roughly 12 years after Volkswagen relocated its North American headquarters from the Detroit area to Fairfax County, the company faced a choice. With the end of the lease on its Herndon office space looming, would it move to Atlanta, where its Porsche subsidiary is located, or another city?
Financial Services & Quantum: Making Big Decisions When Seconds Equal Money
In the world of financial services, time can represent both money and opportunity lost. The potential time savings from the use of quantum computing can help investors ensure they accrue more money than regret.
09.26.2023
Life Sciences & Quantum: A Faster, Safer Way to Develop Drugs
Recent moves from computer titans such as Google and IBM and pharmaceutical giants like Roche and Merck & Co., Inc. suggest drug research might prove to be among quantum computing’s first killer apps. The reasons? Time and money.
A Home for Business for More Than 400 Years
The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.
Positioned to Thrive
Medical Device Manufacturer Embody Sets Stage for International Growth For Norfolk-based Embody, Inc., the six-year process of product development, preclinical testing, and compliance hurdles to get its collagen-based tendon and ligament implant, Tapestry, into the U.S.
James Madison University
Creative Partnerships Solve Workforce Needs in the Shenandoah Valley
Partnership With JMU, BRCC Helps Merck Fill Need for HPV Vaccines In 2019, Melissa Lubin learned that pharmaceutical giant Merck & Co., Inc., was competing for a billion-dollar expansion in Elkton, a town in the Shenandoah Valley.
Research Partnerships and Treatment Breakthroughs in Hampton Roads
The highly transmissible omicron variant of the novel coronavirus upended perceptions about proper mitigation. People who had been wearing fabric masks began switching over to N95 and KN95 respirators, leading to greater demand for respirators.
Partnerships Fuel Growth in Roanoke, Blacksburg
During the COVID-19 pandemic, Virginia Tech's Rob Gourdie was busy investigating how to deliver medications more effectively.
ZielBio, Inc., Charlottesville
UVA Supports Expanding Life Sciences Industry in Charlottesville
Kimberly Kelly was a biomedical engineer at the University of Virginia (UVA), working on ways to diagnose pancreatic cancer, when she discovered a protein expressed by the cancer cells.
Aditxt, Inc., Richmond
06.08.2022
From Incubation to Collaboration
Universities, VA Bio+Tech Park Draw Investment to Richmond For communities seeking to recreate the success of well-known life sciences clusters in Boston, San Diego, and the San Francisco Bay Area, Genetic Engineering & Biotechnology News suggests there’s a straightforward formula to replicate.
Granules Pharmaceuticals, Inc., Fairfax County
Buoyed by Collaboration and Investment, Northern Virginia Life Sciences Companies Explore the Cutting Edge
Northern Virginia’s advantages in attracting talent are well known, from best-in-class public schools, to vibrant communities, to the attractions and sights of Washington, D.C.
05.06.2022
America's Corporate Hometown
Why So Many Executives Choose Virginia for Their Corporate Headquarters The last few decades have solidified Virginia’s position as America’s hometown for corporate headquarters. In total, 580 companies have relocated to or expanded headquarters offices in Virginia in the last decade.



