Bristol Myers Squibb (BMS) has announced the selection of Houston, Texas, as the site for a new, state-of-the-art multi-modal manufacturing campus, representing an approximately USD 2.3 billion investment designed to accelerate the delivery of next-generation medicines to patients. The campus, at Generation Park in Houston, will create nearly 500 skilled jobs and is designed to grow in scale, capability and workforce for decades to come.

The selection of Houston marks a significant milestone in BMS’ USD 40 billion commitment to invest in the US over 5 years across research and development (R&D), technology and domestic manufacturing.

Christopher Boerner, PhD, Board Chair and CEO, BMS, said, "This investment reflects our confidence in America's continued leadership in biopharmaceutical innovation. As part of our USD 40 billion commitment to the US, we're building the domestic manufacturing capabilities needed to deliver the next generation of medicines and support future scientific breakthroughs. Houston and the state of Texas offer the talent, infrastructure, and partnership needed to help bring that vision to life."

From day 1, the Houston campus will be modular and multi-modal. Its modular design allows BMS to add and reconfigure manufacturing capacity as needed, reflecting BMS's current and future pipeline. Its multi-modal capabilities allow BMS to manufacture multiple types of medicines - such as small molecules, biologics, and Antibody Drug Conjugates (ADCs)—across a range of disease areas, supporting drug product and finished goods manufacturing from late development through launch. This flexibility ensures the campus can evolve to meet patient needs well into the future.

Greg Abbott, Governor, Texas, said, “Texas is a global hub for life sciences, where today’s innovations shape the future of health care. This USD 2.3 billion investment by Bristol Myers Squibb in the dynamic biotech ecosystem in Houston is a testament to the depth of our skilled workforce and the pipeline of talent coming through our nation-leading technical colleges and research universities. With lower operating costs and easy access to markets across the US and the world, Texas drives affordability for consumers.”