Roche has announced that it plans to invest up to $550m to expand its continuous glucose monitoring (CGM) site in the US. The company plans to invest in its Diagnostics site in Indianapolis in a project to make the site a major hub for manufacturing its CGM systems.
Roche says that its Indianapolis campus houses key operations, including R&D, labs, manufacturing, distribution, IT and administrative functions. It currently produces approximately 5.2bn Accu-Chek diabetes test strips annually.
The company expects the expansion to generate hundreds of highly skilled manufacturing jobs and thousands of construction jobs.
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