AstraZeneca lifts 2024 outlook after Q3 beat, doubles down on US investments [Yahoo! Finance]
AstraZeneca PLC - American Depositary Shares (AZN)
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm
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astrazeneca.com/investor-relations.html
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Source: Yahoo! Finance
year on Tuesday, helped by strong demand for its cancer and rare diseases medicines, after third-quarter results beat estimates. The London-listed company doubled down on plans for U.S. expansion, announcing $2 billion in new spending on research and development and on plants that manufacture biologics medicines and cell therapies. That brings the total it will invest in the country to $3.5 billion by the end of 2026. The new investments will expand manufacturing sites in Maryland, Texas and California and create 1,000 high-skilled jobs in the country, it 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," CEO Pascal Soriot said in a statement the week after Donald Trump won the U.S. election. Soriot also said the company aims to enhance development of cutting-edge therapies and "support the United States leadership in healthcare innovation"
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AZN
Sec Filings
- 11/13/24 - Form 6-K
- 11/12/24 - Form 6-K
- 11/12/24 - Form 6-K
- AZN's page on the SEC website