The move from Deerfield will take place over the next year. Lundbeck says it aims to keep its existing US team and avoid disruption to the business. The hub will build on the company’s current presence in Cambridge, Massachusetts. Its purpose is to bring Lundbeck’s US commercial, R&D and innovation functions closer together and to strengthen ties with the region’s universities, biotech companies and AI sector.

Lundbeck says the hub will help it grow its neuroscience portfolio and pipeline and build out its digital and AI capabilities. The company did not disclose a specific site, investment amount or headcount for the hub.

“Our investment in Greater Boston is an important step in positioning Lundbeck to capture those opportunities and bring innovative treatments to more people living with brain diseases,” says President and CEO Charl van Zyl.