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The Boston Globe

Business

Bristol-Myers Squibb plans expansion in Devens

Bristol-Myers Squibb, a global biopharmaceutical company, announced plans Thursday for a $250 million expansion of its large-scale biologics manufacturing facility in Devens.

The expansion will introduce biologics development and clinical trial manufacturing capabilities to the site, while eventually adding about 350 employees to the Devens workforce, the company said in a press release. The current head count at Devens is about 400.

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