The Future of Innovation is in Virginia

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Scientists pipettes solution at the Fralin Biomedical Research Institute in Roanoke, VA

Virginia in the News

Why Everyone’s Betting on Virginia's Life Sciences Expertise

Bolstered by its world class infrastructure and top-rated talent pipeline in the life sciences sector, Virginia is reshaping the future of innovation in the biopharma industry. The ecosystem spans across the state from Northern Virginia to the Richmond-Petersburg area, to Hampton Roads, and the Shenandoah Valley. Anchored by reputable research universities and 5 million square feet of laboratory space, these hubs represent the entire value chain from pharmaceutical manufacturing to academic research to commercialization, to logistics and distribution. 

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AstraZeneca Selects Albemarle County for $4.5 Billion Investment

AstraZeneca will invest $4.5 billion, its largest-ever U.S. manufacturing investment, to build two new manufacturing facilities in Albemarle County, Virginia. The two plants are expected to create 600 highly skilled jobs including engineers, scientists and process facilitators.

Press Release

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Eli Lilly and Company Plans $5 Billion State-of-the-Art Manufacturing Facility in Virginia

Eli Lilly and Company, a global leader in pharmaceutical innovation, is moving forward with plans for a $5 billion state-of-the-art manufacturing facility that will generate 650 high-wage jobs at the West Creek Business Park in Goochland County. The project positions Virginia as a cornerstone of America’s domestic pharmaceutical supply chain, producing both critical drug components and finished medicines.

Press Release

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Google Investing $9 Billion Across Virginia

Governor Glenn Youngkin announced Google will invest an additional $9 billion in Virginia through the end of 2026. 

Press Release

Virginia in the News

The State that Doesn't Blink

In a world where economic development too often looks like a scramble for tax breaks and ribbon-cuttings, Virginia has built something else entirely: a strategy. Not a campaign or a quick win—but a long-range, deeply wired system that fuses talent, technology, infrastructure, and policy into something greater than the sum of its parts.

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Virginia is America’s top state for talent. Here’s how we stay there.

Virginia has been named America’s Top State for Business by CNBC a record six times, driven by one key factor: talent. Former Virginia Chamber of Commerce President & CEO Cathie Vick and Virginia Business Higher Education Council President Kirk Cox highlight how internships and work-based learning are critical to connecting students with employers, and helping businesses of all sizes find the talent they need.

Read More on The Virginian-Pilot

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Learn How Your Biopharma Company Can Grow In VA

Contact Grace Festa

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The Latest From Virginia

See why Virginia is a top state for life sciences opportunities.

Press Release

Merck to Establish $3 Billion Center of Excellence for Pharmaceutical Manufacturing in Rockingham County

Governor Glenn Youngkin announced that Merck & Co. is investing $3 billion in a 400,000-square-foot pharmaceutical manufacturing facility that will serve as their Center of Excellence for Pharmaceutical Ingredients and Small Molecule Manufacturing, and generate 500 jobs. Merck’s announcement reflects a significant increase beyond the original scope of a $2 billion investment and 300 jobs. 

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Article

Afton Scientific Breaks Ground on $200 Million Expansion in Albemarle

The sterile injectible drugs manufacturer is investing $200 million to expand its current facility, creating at least 200 jobs and increasing its square footage by about eight times its current size.

Find Out More about the Groundbreaking

Press Release

Area Development Ranks Virginia No. 1 in Nation for Workforce Training Program

The Virginia Talent Accelerator Program provides world-class training and recruitment solutions that are fully customized to a company’s unique operations, equipment, standards, and culture. This accolade comes on the heels of the program also being ranked No. 1 in Business Facilities' annual Rankings Report for the third consecutive year. These rankings solidify the Virginia Talent Accelerator Program’s place as the top workforce training program in the country. 

Learn More About Virginia's Area Development Rank

Article

A Biopharma Booster

Booming Virginia clusters where innovative companies work alongside R&D facilities at higher education institutions provide a supply chain blueprint for increasing drug accessibility and affordability. 

 

 

Learn More About Virginia's Booming Biopharma Industry

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A Look into the Commonwealth's Outstanding Quality of Life

This issue of the Virginia Economic Review celebrates all of the unique factors that contribute to Virginia's unbeatable quality of life. 

Explore What Makes Life in Virginia

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