Pfizer invests $500 million to expand in Sanford facility

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Image Credit: Pfizer

Pfizer has announced plans to invest an additional half-billion dollars for the construction of its state-of-the-art gene therapy manufacturing facility in Sanford.

By expanding its manufacturing footprint in Sanford, the company expects to strengthen its ability to produce and supply both clinical- and commercial-scale quantities of critical, potentially life-changing gene therapy medicines to patients living with rare diseases around the world.

The plant would expand the company’s presence in North Carolina, where there are currently more than 3,600 Pfizer colleagues, including 650 in Sanford. The expanded facility is projected to add approximately 300 new jobs.

The new space would help advance Pfizer’s work in manufacturing highly specialized, potentially one-time gene therapies that use custom-made recombinant adeno-associated virus (rAAV) vectors.

Pfizer is expanding its end-to-end capabilities in gene therapy in North Carolina by investing in facilities focused on all stages of research, development, and manufacturing.

The company did not disclose any construction details and timeline.

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