Sign In
Free Newsletter
Preparation, pandemic helped Virginia land Big Pharma deals
Virginia attracted $12 billion in pharmaceutical manufacturing investments in 2025, leveraging site readiness, workforce training, and strong infrastructure.
$3B Merck expansion makes big impact in Shenandoah Valley
Merck is investing $3 billion to build a small-molecule manufacturing facility in Elkton, Virginia, creating 500 permanent jobs and boosting local economy.
Merck to create separate cancer division as Keytruda patent loss looms
Merck is creating a distinct cancer division anchored by Keytruda before its patents expire and splitting its human health division in two.
2025: The year of living disruptively
Looking back on 2025, the best symbol of the past year’s upheaval might be the White House, if not its most famous occupant. Since moving back into 1600 Pennsylvania Ave. in January, our real estate mogul president has launched into a series of home renovations worthy of its own HGTV series. The most prominent changes […]
FOR THE RECORD December 2025
Central Virginia Pharmaceutical giants AstraZeneca, Eli Lilly & Co. and Merck & Co. have committed a cumulative $120 million to develop a workforce training center for advanced pharmaceutical manufacturing in Central Virginia. The companies, each of which plans to build major manufacturing facilities in Virginia; the state government, including Virginia Innovation Partnership Corp.; and [...]
Top Five: December 2025
1 | Booz Allen Hamilton announces new round of layoffs: After a weak quarter, the McLean-based Fortune 500 government contractor launched another round of job cuts, citing earlier federal contract reductions and a slowdown in federal funding. (Oct. 27) 2 | Toni Townes-Whitley out as SAIC’s CEO: After two years Jim Reagan, former Leidos executive […]
Merck to build $3B facility in Elkton
Merck & Co. is starting construction on a $3 billion pharmaceutical manufacturing facility in Elkton that is expected to create 500 jobs.
