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Swiss Drug Manufacturer To Pay $1 Billion for Former Genentech Site

Lonza To Invest Over $500 Million in Upgrades
Genentech recently announced plans to pull out of the manufacturing facility in Vacaville, California. (Photo by Kim Kulish/Corbis via Getty Images)
Genentech recently announced plans to pull out of the manufacturing facility in Vacaville, California. (Photo by Kim Kulish/Corbis via Getty Images)
CoStar News
March 21, 2024 | 9:16 P.M.

A Switzerland-based drug manufacturer is moving to acquire a former Genentech biotech plant in California’s North Bay for $1.2 billion.

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