A recent Virginia Business article outlines the more than $12 billion in major pharmaceutical manufacturing investments secured in Virginia in 2025. These investments were made possible largely thanks to a combination of long-term preparation, accelerated site readiness, and pandemic-era shifts in global supply chains.

The Commonwealth landed three large facility commitments:

  • AstraZeneca confirmed a $4.5 billion investment to build two manufacturing sites in Albemarle County, expected to create about 600 jobs.
  • Eli Lilly & Co. pledged $5 billion for a new facility in Goochland County, projected to add 650 permanent jobs.
  • Merck & Co. announced plans for a $3 billion manufacturing plant in Rockingham County, with about 500 new jobs, and an expansion on its current operation.

How did Virginia secure these deals? State economic development officials highlight Virginia’s decade-long efforts to build a competitive life sciences cluster—strengthened by strategic workforce programs, infrastructure improvements and investments, and a focus on “shovel-ready” sites.

“All three of these projects were under extraordinarily tight time constraints,” said VEDP President and CEO Jason El Koubi. “… so it was a matter of delivering very robust, customized solutions, but doing so in a very rapid manner.”

Virginia combined long-term groundwork — including site preparation, workforce development, infrastructure, and educational partnerships — with tailored support for companies moving quickly, making the Commonwealth a competitive choice for investment in 2025.

With continued investments in workforce development and regional research initiatives, Virginia is well-positioned as a growing hub for pharmaceutical production and innovation, and will no doubt continue to emerge as a leader in life sciences.

 

To read the full article, visit: https://virginiabusiness.com/virginia-pharma-investments-2025/  

Suggested Reading

Eric Arocho with module background

Growing a Biopharma Ecosystem

First Quarter 2026

Eric Arocho is associate vice president at Eli Lilly and Company and the site lead on the company’s facility in Goochland County, Virginia - announced last year. The Goochland facility, expected to be completed within the next five years, will produce both critical drug components and finished medicines to support Lilly’s emerging bioconjugate platform and monoclonal antibody portfolio.

Read More
Richmond

The Communities at the Forefront of Virginia’s Biopharma Push: Greater Richmond

First Quarter 2026

Virginia’s cities, counties, and towns represent a wide range of living situations, with a location to support any lifestyle.

Read More

Podcasts

Pam Cheng

The Urgency of Building Healthier Communities

April 1, 2026

A Conversation With Pam Cheng, Executive Vice President of Global Operations and IT and Chief Sustainability Officer, AstraZeneca

Dave Maraldo

The History and Future of Pharmaceutical Manufacturing in Virginia

April 1, 2026

A Conversation With Dave Maraldo, Senior Vice President of Human Health Manufacturing Operations, Merck

Peter Beard

Putting Talent in the Right Place

January 5, 2026

A Conversation With Peter Beard, Vice President of Policy and Programs, U.S. Chamber of Commerce Foundation

View All Podcasts