INCOG BioPharma Services announced another major expansion with an investment of approximately USD 200 million in its manufacturing facility in Fishers, Indiana. This investment will increase the company's injectable drug product manufacturing capacity.

By 2030, INCOG expects to employ nearly 1,000 people at its Fishers campus. These high-paying, high-value jobs are set to establish INCOG as one of the preeminent employers within Indiana's life sciences industry.      

"The continued demand from our global biopharma partners and our team's ability to deliver create the opportunity for this next level of investment and expansion. Committing another USD 200 million and employing nearly 1,000 team members by 2030 underscores our dedication to continue providing world-class, flexible manufacturing capacity while creating generational opportunities for the talented workforce here in central Indiana. This is a vote of confidence in our team, our quality and our future," said Cory Lewis, CEO, INCOG BioPharma.

The accelerated investment is made possible by incentives offered by the state of Indiana.

"INCOG BioPharma's expansion is yet another example of Indiana leading in life sciences and advanced manufacturing. This major investment further positions us as one of the nation's top hubs for innovative drug development and will bring hundreds of new, high-paying jobs to our state. I'm proud to see companies like INCOG choose Indiana as the place to grow," said Mike Braun, Governor, Indiana.

The expansion is scheduled to begin in early 2026, establishing the 21?acre campus as a premier global manufacturing hub for injectable biopharmaceuticals, with approximately 300,000 square feet of purpose?built space.

This investment also reinforces the long-standing partnership between INCOG BioPharma and the City of Fishers, anchoring the company's growth in the region.

"In 2020, we committed to doubling down to make Fishers a life science hub. INCOG believed in our vision, and as they bring their third expansion to Fishers, we have delivered promises made to our community. Fishers is leading the state as an ideal home for life science firms, with more than USD 1 billion in investment committed across life science firms who call our city home. This massive new investment and the commitment to nearly 1,000 high-paying jobs will have a transformative impact on our community's economic landscape for decades to come. We are proud to support their mission to bring critical therapies to the world," said Scott Fadness, Mayor, Fishers.

The funding will support substantial new state-of-the-art advanced manufacturing infrastructure, further enhancing INCOG's capabilities, which include sterile fill/finish of injectable drug product, as well as automated inspection, device assembly, labeling, serialisation and final packaging. These enhancements will enable the facility to produce up to 480 million units per year, enabling the company to serve a greater share of the growing global market for injectable drug products.