Europe EditionRoche Diagnostics announces $550 million investment in Indianapolis site
- Roche Diagnostics announced a $550 million expansion at its Indianapolis site to produce continuous glucose monitors by 2030.
- The investment follows Roche's April pledge to invest $50 billion in U.S. Sites amid a growing diabetes management need.
- The expansion will make Indianapolis the hub for manufacturing Roche's Accu-Chek Smartguide CGM, launched last year in Europe but not yet FDA-cleared.
- The project is expected to create about 650 jobs and receive roughly $60 million in tax incentives, including a 10-year $40 million property tax abatement.
- Roche leaders say the expansion improves capacity and resilience of their global network while enhancing access to innovative diabetes monitoring solutions.
12 Articles
12 Articles
Roche Diagnostics announces $550 million investment in Indianapolis site
INDIANAPOLIS -- Officials with Roche Diagnostics announced on Monday that it will invest $550 million in its Indianapolis site by 2030. According to a news release from the company. the site will serve as a hub for the company's manufacturing of continuous glucose monitoring (CGM) systems. Officials said the expansion is expected to create hundreds of jobs. The release said that CGM technologies offer support for daily diabetes management. The c…
Roche Announces $550 Million Investment in Indianapolis
INDIANAPOLIS — Biotech giant Roche has announced a $550 million investment in Indianapolis that will expand its diagnostics manufacturing hub by 2030. With this expansion, the Swiss-based company will focus on manufacturing continuous glucose monitoring systems with the expectation to create hundreds of highly-skilled manufacturing jobs. Indianapolis will be seen as a key site for Roche’s glucose monitoring solutions which is crucial for managin…
Roche invests $550 million to expand Indianapolis manufacturing hub
Roche announces $550 million investment to make Indianapolis a hub for diabetes monitoring solution manufacturing. Roche expects to create hundreds of highly-skilled manufacturing jobs and thousands more for construction.
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