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Market Highlights
- Indivior Inc., a pharmaceutical company headquartered in Virginia, will expand its operations to Raleigh by opening a pharmaceutical production site at 8900 Capital Boulevard.
- Raleigh-Durham is a hotspot for life sciences jobs with aggressive hiring competition and has a projected 10% overall job growth until 2027.
- Drug discovery and biotechnology companies received the majority of life sciences venture capital funding in the last quarter of 2023.