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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.
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 […]
AstraZeneca, Eli Lilly, Merck commit $120M to Virginia pharma training
AstraZeneca, Eli Lilly and Merck committed $120 million to develop an advanced pharmaceutical manufacturing training center in Central Virginia.
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.
Civica to start selling long-acting insulin in January 2026
Civica will begin selling a type of insulin on Jan. 1, 2026, although it will not come from the nonprofit drug maker’s Petersburg facility.
AstraZeneca to invest $4.5B in Albemarle manufacturing plants
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County and create 600 direct jobs.
Eli Lilly to invest $5B in Goochland plant, creating 650 jobs
Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Goochland County expected to create 650 permanent jobs.
Health Care 2025: JACKSON, REESE
Since 2016, Jackson has led Chesapeake Regional Healthcare, which includes the Chesapeake Regional Medical Center and more than 40 practice locations, as well as about 600 physicians serving Hampton Roads. In early April, the hospital opened a psychiatric emergency room, the first on Hampton Roads’ south side, and at the end of the month, the […]
Health Care 2025: JEVSEVAR, DR. DAVID S.
In 2022, Jevsevar became CEO of OrthoVirginia, the largest independent orthopedic practice in the state, with 155-plus orthopedic specialist physicians across more than 35 locations in Lynchburg, Northern Virginia, Richmond, Southwest Virginia and Hampton Roads. The practice, which is the official orthopedic and sports medicine provider of the Washington Commanders, turns 10 this year. An [&hellip[...]
Health Care 2025: PESICKA, EDWARD A.
Pesicka became CEO of Fortune 500 health care logistics and supply company Owens & Minor in 2019. In 2023, he announced a five-year strategic plan for the company to increase profits and reduce costs. Owens & Minor reported $10.7 billion in fiscal 2024 revenue, up from $10.3 billion in 2023. The company has been engaged […]
