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Business
Ipsen Will Build center in Massachusetts
by Michael McCoy
January 2, 2012
| A version of this story appeared in
Volume 90, Issue 1
The French drug company Ipsen will invest $45 million to expand its R&D center in Milford, Mass. The site’s current staff of 150 includes chemists, biologists, and translational science experts working on the firm’s peptide and toxin R&D platforms. A new building, set to open in 2014, will house R&D and process science centers that support Ipsen’s goal of delivering five new molecular entities and three drug proofs of concept by 2015.
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