BRIEF—Lilly invests further $1.6 billion in Indiana manufacturing facilities

US pharma major Eli Lilly plans to invest an additional $1.6 billion and add another 200 new jobs at its two new manufacturing sites within LEAP Innovation Park in Boone County, bringing the company's total commitment to $3.7 billion and up to 700 new jobs.

The company also today committed $15 million over five years to the Ivy Tech Foundation to fund up to 1,000 scholarships for individuals interested in pursuing careers in pharmaceutical manufacturing.

Lilly's commitments within LEAP Innovation Park represent the largest manufacturing investment at a single location in the company's history.

The up to 200 additional jobs announced today represent positions for highly skilled workers, such as engineers, operating personnel and lab technicians, who will utilize advanced technology to create innovative medicines.

"Through these new facilities, Hoosiers will make life-changing medicines that patients around the world need to address serious health challenges, including diabetes and cancer," said Lilly's chairman and chief executive Dave Ricks.

"We're investing at record levels in our home state to help our communities and economy thrive and enhance educational opportunities for more students. We look forward to doing our part to make Indiana an even better place to work and live, while fostering cutting-edge innovation in our state," he added.