Regeneron plots $1.8B expansion in Westchester

Regeneron, a biotech company known for its antibody cocktail to treat Covid-19, on Thursday announced plans for a $1.8 billion expansion of its Westchester County headquarters.

The six-year plan will create 1,000 full-time jobs and expand Regeneron’s research, preclinical manufacturing and support facilities at its Tarrytown campus, the company said.

The state has offered Regeneron up to $100 million in tax credits if it meets its hiring goal, Gov. Andrew Cuomo’s office said.

“The continued growth of Regeneron here in New York is yet another indication that we are leading the way in the life sciences and attracting the jobs of tomorrow,” Cuomo said in a statement.

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