Pharma partnership to get boost with new labs in Richmond, Chesterfield

“Two sizable new laboratory buildings tied to a regional effort to manufacture pharmaceuticals are set to rise in Richmond and Chesterfield. Activation Capital is moving forward with pre-pandemic plans for a 100,000-square-foot lab in downtown Richmond funded by a portion of a $53 million federal pandemic recovery grant recently awarded to the regional Alliance for Building Better Medicine. The group consists of public and private sector entities in the Richmond-Petersburg region with an aim to develop a medicines manufacturing hub. That same initiative will also assist in funding a 60,000-square-foot lab in Chesterfield County to support the drug manufacturing facility being built in Petersburg by Utah-based Civica.” Read More