Bayer to Remain in Berkeley

Related Articles »

  • Printer Friendly Printer Friendly
  • Comments Comments (0)

Berkeley's largest private employer, West Coast Bayer Healthcare Pharmaceuticals, announced its plans at a press conference this afternoon to remain in the city and to invest more than $100 million in upgrading its facilities to produce a new drug.

The company announced in August that it was considering outsourcing work on Kogenate, a drug used to treat hemophilia. The drug is the only one currently manufactured at Bayer's Berkeley location.

However, area cities were able to work together with the state government to extend a tax incentive program to Bayer, which motivated the company to stay in the area.

"Bayer is proud to be the East Bay's largest biotech employer and part of the emerging 'Green Corridor,'" said Joerg Heidrich, head of Bayer's Berkeley site, in a press release following the conference.

At the press conference this afternoon, Bayer announced plans to invest more than $100 million to upgrade its facilities in order to manufacture the next generation of Kogenate. The facilities upgrade will include a switch to state-of-the-art equipment and new biotechnology innovations, according to the conference.

The updates will start immediately and will continue for the next four years.

"The decision by the Bayer Board to make the investment in Berkeley is a significant 'win' for our employees and the surrounding communities," Heidrich said.


Contact Denise at [email protected]

Comments (0) »

Comment Policy
The Daily Cal encourages readers to voice their opinions respectfully in regards to both the readers and writers of The Daily Californian. Comments are not pre-moderated, but may be removed if deemed to be in violation of this policy. Comments should remain on topic, concerning the article or blog post to which they are connected. Brevity is encouraged. Posting under a pseudonym is discouraged, but permitted. Click here to read the full comment policy.
White space
Left Arrow
Image Pet shop may occupy planned Goodwill
After failed negotiations with the landlord and resistance from the busines...Read More»
Image Sports bar to open on Telegraph Avenue
About three months ago, Larry Blake's Restaurant and Bar was boarded up aft...Read More»
Image Electronic waste recycling store opens in downtown...
James Kao is ready to restore or recycle old electronics...Read More»
Image Amoeba Music named best record store in U.S.
Marc Weinstein and David Prinz own the largest collection of records in...Read More»
Image Hundreds file into McDonald's for its National Hir...
Hundreds of job seekers filed into Berkeley's two McDonald...Read More»
Image Downtown district may see new funds
The Downtown Berkeley Business Improvement District, responsible for impro...Read More»
Right Arrow

Job Postings

White Space