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AbbVie invests $223 million in Singapore biologics hub

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AbbVie invests $223 million in Singapore biologics hub

US pharmaceutical giant AbbVie (NYSE:ABBV) last week broke ground on a new US$223 million (S$301 million) expansion of its manufacturing facility in Singapore, boosting its manufacturing capacity.

The new investment will add more than 100 jobs and new biologics manufacturing capacity to AbbVie’s global network, the company said.

AbbVie’s Singapore facility, located in Singapore’s Tuas Biomedical Park, produces cutting-edge small molecules and biologics.

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