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Pharma firm expands local operations with redevelopment of former Toys 'R' Us

Massachusetts-based Thermo Fisher Scientific spent $32 million to convert the long-dormant big box retail space into a drug development research facility. The company also has two other labs downtown and elsewhere in Henrico.

Pharma company Phlow in midst of $50M capital raise

The cash haul comes as Phlow and other members of the regional Alliance for Building Better Medicine just received a $53 million federal pandemic recovery grant to build new labs in Richmond and Petersburg.

Pharmaceutical, Aviation R&D Projects Bring $55M To Virginia

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

Activation Capital will build a 100,000-square-foot lab in downtown Richmond, while Civica will construct a 60,000-square-foot lab in Meadowville Technology Park to support its drug manufacturing facility in Petersburg.

Civica Inc. to expand in Richmond-Petersburg region, investing $27.8M for new testing facility

Civica Inc.will invest $27.8 million to establish a new laboratory testing facility at Meadowville Technology Park in Chesterfield County.