
(Reuters) -AstraZeneca said on Friday it will invest $2 billion to expand its manufacturing footprint in Maryland as part of its previously announced $50 billion plan to expand manufacturing and research capabilities in the U.S. by 2030.
Global pharmaceutical companies have been ramping up investments in the United States to expand production capacity, following President Donald Trump's call for the industry to make more medicines domestically instead of importing active ingredients or finished products.
The Anglo-Swedish drugmaker's $2 billion investment will help expand its biologics manufacturing facility in Frederick and construct a new state-of-the-art facility in Gaithersburg for the development and clinical supply of drugs to be used in trials.
This investment marks the fourth in AstraZeneca's larger expansion plan, and will support 2,600 jobs across the two sites in Maryland, including the creation of 300 highly skilled jobs.
CEO Pascal Soriot has looked to balance Trump's demands on the sector with a full listing of its shares on the New York Stock Exchange, as well as a deal to lower drug prices for millions of Americans.
AstraZeneca's Frederick facility currently produces biologics, a class of medications that come from living organisms and include a wide range of products such as vaccines and other therapies. These are used across AstraZeneca's portfolio of cancer, autoimmune, respiratory and rare disease treatments.
The planned expansion will nearly double commercial manufacturing capacity, allowing increased supply of existing medicines and, for the first time, production across the company's rare disease portfolio, AstraZeneca said, adding that it will create 200 highly skilled jobs and 900 construction roles.
Its new clinical manufacturing facility in Gaithersburg, which will be fully operational by 2029, will create an additional 100 jobs, retain 400 roles and support a further 1,000 construction-related jobs.
The drugmaker's previous announcements included a new cell therapy manufacturing facility in Rockville, Maryland, a new drug substance manufacturing facility in Virginia and the expansion of its existing manufacturing facility in Coppell, Texas.
(Reporting by Sriparna Roy in Bengaluru; Editing by Alan Barona)
LATEST POSTS
- 1
Step by step instructions to Recognize the Distinction Between Lab Jewels and Precious stone Simulants - 2
JR東海・丹羽社長、トランペットで応援 社会人野球日本選手権(毎日新聞) - 3
役所広司“師匠”仲代達矢さん訃報にショック「突然のことすぎてコメントをする心情にありません」無名塾出身(デイリースポーツ) - 4
Tech for Learning: Online Courses and Instructive Apparatuses - 5
Winona Ryder didn't take the 'Stranger Things' plot lightly. How 'otherworldly' grief and a kidnapping in her hometown informed her character.
Investigate Business Mastercard Choices for Better Rewards and Rewards
「BE:FIRST」所属事務所、SNS上の誹謗中傷に声明「あらゆる法的措置を講じることも辞さない」(スポニチアネックス)
「鬼滅の刃」と「国宝」がヒット、利益予想を上方修正 ソニーG決算(朝日新聞)
盗撮がばれ上場企業を懲戒解雇 示談成立で不起訴なら次の会社に伝えなくてもいい? 当事者男性「誠実に向き合いたい」(ABEMA TIMES)
青井実アナ「イット!」で第1子女児誕生を生報告「無事に…ありがとうございます」共演陣祝福に照れ笑い(スポニチアネックス)
5 Arising Vocations in Sustainable power
21 Incredibly Interesting Contemplations To Observe Consistently
The most effective method to Begin Your Excursion in Gold Venture
【速報】仙台育英サッカー部「構造的いじめ」認定 全国大会出場を辞退 年内の対外活動を停止(仙台放送)













