Singapore, Oct. 3 -- Bayer has announced plans to invest $2.2 billion in a new pharmaceutical manufacturing site in New Albany, Ohio, US. Building on more than seven billion dollars in US pharma R&D and manufacturing spend over the past five years, the project is a central element of Bayer's long-term growth strategy and commitment to innovation and patient access in its largest pharmaceuticals market.

The company is expected to create around 600 high-value jobs in the New Albany International Business Park and roughly 1,500 construction jobs during the facility's construction.

The flexible, modular campus is designed to combine drug substance and drug product manufacturing, leverage advanced digital and automation technologies, and sup...