Eli Lil­ly to in­crease in­vest­ment to $1B in­to new Irish man­u­fac­tur­ing fa­cil­i­ty — re­port

The US phar­ma gi­ant Eli Lil­ly will be in­creas­ing its fi­nan­cial com­mit­ment to a man­u­fac­tur­ing site in Ire­land.

Ac­cord­ing to a re­lease from Ire­land’s In­dus­tri­al De­vel­op­ment Agency (IDA) on Mon­day, Lil­ly will be in­vest­ing an­oth­er $500 mil­lion in its man­u­fac­tur­ing fa­cil­i­ty in Lim­er­ick, Ire­land — bring­ing the to­tal in­vest­ment in­to the fa­cil­i­ty to ap­prox­i­mate­ly $1 bil­lion.

In Jan­u­ary of last year, Lil­ly an­nounced it was plac­ing a $446 mil­lion in­vest­ment in­to the site to ex­pand ac­tive phar­ma­ceu­ti­cal in­gre­di­ent and mon­o­clon­al an­ti­body pro­duc­tion.

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