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Area Development - Site Selection, Facility Planning and Workforce Development

INCOG BioPharma Services Expands Fishers, Indiana, Operations

07/16/2024
INCOG BioPharma Services, a contract development and manufacturing organization specializing in sterile injectable biopharmaceuticals, plans to expand its operations in Fishers, Indiana. The $125 million project is expected to create 100 jobs.

THe company will construct a 100,000-square-foot facility at its existing campus which will increase commercial-scale device assembly capacity in support of autoinjectors, pens, wearable injectors, and syringe accessorizing.

"We are excited about this new investment and the opportunities it brings," said Cory Lewis, CEO and Founder of INCOG. "Our customers will have access to a suite of solutions from filling through final packaging. This supply chain integration is essential in accelerating a drug product to commercial launch, and even more important in today's constrained markets as the need for sterile injectable products is quickly growing to address challenging diseases and improve healthcare outcomes. The hard work and expertise of the team we have built at INCOG has allowed us to accelerate investments and address the immediate needs of the global biopharma industry."

The city of Fishers is offering a 13-year personal property tax abatement on qualifying personal property purchased by or before December 31, 2027 and located at the site. In exchange, INCOG has pledged to employ approximately 370 workers on or before Dec. 31, 2029 at an average salary of $72,800.

"We are incredibly proud to witness INCOG's growth and expansion into a second building," noted Fishers Mayor Scott Fadness. "This expansion reinforces Fishers as a leading hub for life sciences and biopharma manufacturing. INCOG has played a significant role in building the industry cluster in Fishers, and we look forward to celebrating their future successes."

INCOG BioPharma Services offers manufacturing services to biopharmaceutical companies at all stages of development. The company's service offering includes filling drug products into syringes, cartridges, and vials. INCOG also offers support services, including formulation scale-up, analytical development, stability testing and storage, and auto-injector device assembly.

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