Roche Holding AG (RHHBY), Monday announced plans to invest over $700 million in a new state-of-the-art drug manufacturing facility in Holly Springs, North Carolina, creating more than 400 high-wage manufacturing and over 1,500 construction jobs in the region.
The new facility is expected to support Roche and Genentech's future portfolio of next-generation obesity medicines. Moreover, the investment could expand in the future based on business needs and the U.S. policy environment.
Currently, Roche's stock is trading at $38.53, up 0.68 percent on the OTC Markets.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.