AstraZeneca Plans $1.5 Billion Factory in Singapore as Drug Industry Splits From China ...Middle East

AstraZeneca Plc plans to build a $1.5 billion manufacturing facility in Singapore to make antibody-drug conjugates as the U.K. drugmaker pushes to beef up its ability to produce the next-generation cancer treatments. The plant will be Astra’s first drug-conjugate facility to produce the medicines from start to finish, the company said in a statement Monday. It’s scheduled to open in 2029 and will emit zero carbon from the start. [time-brightcove not-tgx=”true”] Chief Executive Officer Pascal Soriot is working to ensure Astra can independently supply drugs to major markets as the U.S. pushes to reduce the industry’s reliance on China. Shortages during the pandemic also unders

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Last updated : 20 May 2024 clock 12:04 PM

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AstraZeneca Plans $1.5 Billion Factory in Singapore as Drug Industry Splits From China ...Middle East

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