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Regeneron Pharmaceuticals Announces Expansion in New York's Hudson Valley
Date:4/4/2013

TARRYTOWN, N.Y., April 4, 2013 /PRNewswire/ -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that the Company will expand the Regeneron corporate headquarters and laboratories in Westchester County and create more than 400 new high-skill jobs. 

Today's announcement further cements the reputation of the Hudson Valley as an emerging epicenter for biopharmaceutical growth. 

"Today's announcement further advances New York's reputation as a leader in the biotech industry," Governor Andrew M. Cuomo said.  "This administration has had a laser-like focus on creating an environment where companies, such as Regeneron, can grow and invest.  The expansion of Regeneron's headquarters and the addition of hundreds of new high-skill jobs is great news for Westchester County and great news for New York."

"Our recently approved drugs and our robust development pipeline have transformed Regeneron into one of the largest and fastest-growing biopharmaceutical companies in the United States," said Leonard S. Schleifer , M.D., Ph.D., President and Chief Executive Officer. "Regeneron has been based in New York since we began 25 years ago, and we are grateful to Gov. Cuomo and New York State for financial support that helps us to continue to expand and create jobs in New York."

The project will add two new buildings with 300,000 square feet of laboratory and office space to the Regeneron complex at the Landmark at Eastview in the Town of Mount Pleasant in Westchester County, New York.  Currently, R
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SOURCE Regeneron Pharmaceuticals, Inc.
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