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Regional pharmaceutical initiative awarded $16M in federal funds for medicine production

Civica Rx pharmaceutical manufacturing plant in Petersburg. (BizSense file photo courtesy of Civica Rx) An initiative to manufacture more medicines in the Richmond-Petersburg region has scored federal funding needed to help the effort shift into full gear. The Alliance for Building Better Medicine announced Monday that it was awarded $15.9 million to launch an “end-to-end” manufacturing and commercialization project in Virginia. Under the initia…
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Richmond BizSense broke the news in Richmond, United States on Tuesday, July 21, 2026.
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