by Admin1-bct | Sep 9, 2023 | Funding
The Alliance for Building Better Medicine, in collaboration with Governor Glenn Youngkin, announced that it has secured $111 million in investments from federal, state, local, and private supporters over the past three months. These funds aim to expedite the...
by Admin1-bct | Jul 30, 2023 | Petersburg News
A collaboration between public and private sector partners aims to pave a new path for Central Virginia, and beyond, by combatting drug shortages and developing affordable medications. View Article >
by Admin1-bct | Jan 23, 2023 | Life Sciences
A Utah-based nonprofit pharmaceutical manufacturer, Civica Rx, is on the verge of commencing production at its newly constructed Petersburg plant, following two years of construction and a $140 million investment. With production set to begin this year, the insulin...
by Admin1-bct | Jan 23, 2023 | Petersburg News
Petersburg, Virginia, is undergoing significant changes in its pharmaceutical industry, with three pharmaceutical companies expected to create over 600 jobs in the area by 2024. Civica Rx’s decision to establish a presence in the city is attributed to its...
by Admin1-bct | Jan 17, 2023 | Life Sciences
Entrepreneurs in Petersburg, Virginia, are establishing businesses to manufacture essential pharmaceuticals and address the shortage of generic drugs, which make up 90% of the medications taken, with the majority produced overseas. This initiative, as reported by...
