RayzeBio Plans Whitestown, Indiana Radiopharmaceutical Manufacturing Operations

Area Development News Desk

09/02/2026

Radiopharmaceutical company RayzeBio, Inc. plans to establish operations in Whitestown, Indiana. The more than $173 million project is expected to create up to 100 jobs in Boone County.

The investment will include the construction of a new 225,000-square-foot radiopharmaceutical manufacturing facility at Anson Industrial Park.

“Indiana is an important part of our strategy to build the infrastructure needed to advance the next generation of radiopharmaceutical therapies,” said RayzeBio President Ben Hickey. “This investment expands our manufacturing capabilities, creates high-quality jobs, and strengthens our ability to deliver innovation for patients. We’re proud to grow our presence in Indiana and contribute to the state’s emergence as a leading hub for life sciences manufacturing.”

RayzeBio, a Bristol Myers Squibb Company, develops radiopharmaceutical therapies designed to target and deliver radiation to cancer cells while reducing exposure to surrounding organs and healthy tissue.

“As a state, we are investing in our life sciences sector like never before, with plans to invest $1 billion and create 100,000 new jobs over the next 10 years,” noted Governor Mike Braun. “RayzeBio’s expansion and planned job creation will contribute to this growth, advancing life-changing solutions used across the world while creating even more high-wage career opportunities that allow Hoosiers to thrive.”

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