Astrazeneca to Invest $15 Billion in China Through 2030

MT Newswires Live01-29

Astrazeneca (AZN) said Thursday it plans to invest $15 billion in China through 2030 on manufacturing of medicine, and research and development.

The investment will support drug discovery, clinical development and manufacturing in China, while improving cell therapy and radioconjugates capabilities.

Astrazeneca said the investment will create thousands of new jobs and grow its workforce in China to more than 20,000 employees.

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