Gilead Sciences Targets $11 Bn More in US Capital Expenditures 

Gilead Sciences has announced an additional $11 billion in capital and operational investments in the US to supplement an already planned spend of $21 billion in US manufacturing and R&D through 2030.  

This next phase of investment will support the building of three new facilities, upgrading three existing sites to expand US manufacturing and R&D capabilities, and investing in new technology and advanced engineering initiatives. The additional $11 billion will cover:  

  • $4 billion allocated to capital projects, including labs and equipment;
  • $5 billion dedicated to technology, operations, and R&D site activities;
  • $2 billion invested in digital and advanced engineering initiatives; and  
  • Creation of approximately 800 new direct jobs and support for more than 2,200 indirect jobs by 2028. 

Source: Gilead Sciences