News Headlines Article

Gilead plans big Southern California plant
Los Angeles Times

Gilead Sciences Inc. will move manufacturing about 15 minutes down the road to a 23-acre site in the southern California city of La Verne that will employ 500 people.

Gilead’s facility of up to 400,000 square feet apparently would replace a drug manufacturing plant in nearby San Dimas, according to the Inland Valley Daily Bulletin. Officials with Gilead (NASDAQ: GILD) weren’t immediately available to provide more information about the company’s plans.