Gilead preps new 500-employee plant near current San Dimas site

Gilead Sciences ($GILD) is plotting a new, 400,000-square-foot manufacturing site near its current plant in San Dimas, CA, local media reports, saying the facility will employ 500 people. The new production site in La Verne is said to replace San Dimas, which has suffered under FDA scrutiny in the past. Report