India-based Biocon Limited Establishes Cranbury, New Jersey, Production Operations
09/19/2025
The $30 million project includes the acquisition of the Oral Solid Dosage facility from Eywa Pharma Inc.
“We were deeply honoured to have Governor Phil Murphy and our Chairperson, Kiran Mazumdar-Shaw, join us in marking this milestone of the Biocon Group’s first manufacturing facility in the U.S.,” said Siddharth Mittal, Chief Executive Officer and Managing Director, Biocon Ltd. This strategic investment brings us closer to patients, healthcare providers, and partners in this important market. The proximity allows us to deliver our vertically integrated, high-quality medicines more efficiently to patients across the United States and other markets, ensuring supply chain resilience and enabling us to advance our mission of expanding access to affordable therapies worldwide.”
Biocon Limited develops and manufactures biopharmaceuticals, including biosimilars, for chronic diseases like diabetes, cancer, and autoimmune disorders. The company’s key areas include biosimilar insulins, monoclonal antibodies for cancer and immunology, and recombinant proteins.
“We are incredibly grateful that Biocon has decided to open its first U.S. manufacturing facility in the Garden State,” noted Governor Phil Murphy. “For years, Biocon has provided high-quality medicines and treatments to millions of patients across the globe. This state-of-the-art facility marks a significant moment in Biocon’s global expansion and reinforces New Jersey’s reputation as the medicine chest to the world.”
Project Announcements
Siemens Energy Plans Fort Payne, Alabama, Manufacturing Operations
02/09/2026
Preciball USA Plans Screven County, Georgia, Production Operations
02/09/2026
Mecad USA Plans Tulsa Port of Catoosa, Oklahoma, Manufacturing Campus
02/08/2026
Anduril Industries Plans Long Beach-Lakewood, California, Operations
02/08/2026
Dongwon Autopart Technology Plans Emanuel County, Georgia, Production Operations
02/07/2026
Quantum Machines Plans Chicago, Illinois, Operations
02/06/2026
Most Read
-
Data Centers in 2025: When Power Became the Gatekeeper
Q4 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Speed Built In—The Real Differentiator for 2026 Site Selection Projects
Q1 2026
-
Preparing for the Next USMCA Shake-Up
Q4 2025
-
Tariff Shockwaves Hit the Industrial Sector
Q4 2025
-
The New Industrial Revolution in Biotech
Q4 2025
-
Investors Seek Shelter in Food-Focused Real Estate
Q3 2025