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Roche to invest $209 million to build ADC facility

12:32 AM MDT | October 14, 2013 | Deepti Ramesh

Roche (Basel, Switzerland) says it will invest 190 million Swiss francs ($209 million) in the construction of a new production facility at Basel, which will support the manufacturing of antibody-drug conjugate (ADC) medicines. ADCs offer a new treatment method for cancer in which cancer cells are destroyed in a more targeted way, and healthy cells are less affected. The investment at Basel is expected to create 50 jobs. The construction of the new production facility will begin in January 2014; production at the unit will start by August 2016. “The...

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