UK company to fund new drug manufacturing facility in Virginia and expand R&D facilities around US
AstraZeneca has announced it will invest $50bn (£37bn) in the US by 2030, the latest in a string of pledges by pharmaceutical companies as the threat of Donald Trump’s tariffs looms over the industry.
The British drugmaker, which is headquartered in Cambridge, said its investment will fund a new drug manufacturing facility in Virginia and expand its research and development and cell therapy manufacturing in Maryland, Massachusetts, California, Indiana and Texas.
Source: World news | The Guardian.
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