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pharmaceutical company

Phlow raises $37M in Series C round
Jul 23, 2025

Phlow raises $37M in Series C round

Richmond-based pharmaceutical manufacturing company Phlow announced Tuesday that it had secured $37 million in a capital raise.

AstraZeneca plans multibillion-dollar pharma factory in Virginia
Jul 22, 2025

AstraZeneca plans multibillion-dollar pharma factory in Virginia

AstraZeneca plans to construct a multi-billion dollar manufacturing center focused on chronic diseases in Virginia within the next five years.

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Jun 16, 2025

States’ $7.4B settlement with Purdue Pharma nears closure

Fifty-five attorneys general have agreed to sign on to a $7.4 billion nationwide settlement with Purdue Pharma and its owners.

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Jan 27, 2025

Pharma company to invest $54.2M in Richmond R&D facility

Pharmaceutical company Haleon will invest $54.2 million to upgrade its research and development facility in Richmond and launch an internship program in partnership with state government and Virginia Commonwealth University, Gov. Glenn Youngkin announced Monday. The physical upgrades at the facility, located at 1211 Sherwood Ave., will allow United Kingdom-based Haleon to accommodate new technolog[...]

Pharma company invests $1.5M on Prince William expansion
Oct 28, 2024

Pharma company invests $1.5M on Prince William expansion

Pharmaceutical manufacturer Granules Consumer Health, a subsidiary of Granules India, will invest $1.5 million into expanding its operations in Prince William County, Gov. Glenn Youngkin announced Monday.  The company plans to install new manufacturing lines at its existing Manassas facility, with an aim of creating nearly 100 new jobs.  “Granules’ decision to expand their operations [&h[...]

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