AstraZeneca invests $3.5 billion in R&D and manufacturing in the United States
AstraZeneca PLC - American Depositary Shares (AZN)
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm
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Source: Business Wire
CAMBRIDGE, England--(BUSINESS WIRE)--AstraZeneca today announces $3.5 billion of capital investment in the United States focused on expanding the Company’s research and manufacturing footprint by the end of 2026. This includes $2 billion of new investment creating more than a thousand new, high-skilled jobs contributing to the growth of the US economy.AstraZeneca’s expanding footprint in the US includes, among others:A state-of-the-art R&D centre in Kendall Square, Cambridge, MassachusettsA next generation manufacturing facility for biologics in MarylandCell therapy manufacturing capacity on the West and East CoastsSpecialty manufacturing in TexasPascal Soriot, Chief Executive Officer, AstraZeneca said: “Our multibillion dollar investment reflects the attractiveness of the business environment together with the quality of talent and innovation capabilities here in the United States. By expanding our R&D and manufacturing footprint, we aim to enhance the development of cutting-edge
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