SAN JUAN, Puerto Rico (AP) — U.S. drugmaker Biogen Inc. is investing more than $92 million in Puerto Rico after buying assets that once belonged to Eli Lilly & Co. in the island’s southern region.
Gov. Alejandro Garcia Padilla says the Massachusetts-based company will manufacture active pharmaceutical ingredients at the plant in Guayama and employ about350 people in the next five years.
Garcia said Monday that his administration offered about $2 million worth of incentives as part of the deal.
