AstraZeneca to invest $50 billion in US manufacturing and R&D
Adding to the string of US and international drugmakers investment in US production investment following a call from President Donald Trump, AstraZeneca (LSE: AZN) announced $50 billion of investment in the USA by 2030, building on America’s global leadership in medicines manufacturing and R&D.
AstraZeneca noted that this investment is expected to create tens of thousands of new, highly skilled direct and indirect jobs across the country powering growth and delivering next generation medicines for patients in America and worldwide.
The company also said the cornerstone of this landmark investment is a new multi-billion-dollar US manufacturing facility that will produce drug substances for the company’s innovative weight management and metabolic portfolio, including oral GLP-1, baxdrostat, oral PCSK9 and combination small molecule products. The new state-of-the-art center will produce small molecules, peptides and oligonucleotides. This multi-billion-dollar capital investment is in addition to the $3.5 billion announced in November 2024.
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