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BeOne announces $300 million expansion of US manufacturing facility

By Thomson Reuters Jul 23, 2026 | 6:16 AM

BEIJING, July 23 (Reuters) – BeOne Medicines announced on ​Thursday an additional $300 ‌million investment to a manufacturing and R&D facility in ‌New ​Jersey, ⁠bringing total U.S. ⁠manufacturing investment to more than $1 billion, it said ​in a statement.

“The expansion will ⁠increase ⁠BeOne’s production capacity ​to manufacture its ​medicines and is expected ‌to create approximately 120 new full-time jobs,” ⁠the statement reads.

“The investment supports the continued ⁠advancement ‌of BeOne’s ⁠deep oncology pipeline ​of ‌more than ​35 clinical ⁠and commercial-stage assets”, it said.

(Reporting by Beijing Newsroom, Editing by Louise ​Heavens)