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AstraZeneca invests billions in US expansion
Western Mail
|July 23, 2025
DRUG maker AstraZeneca has announced plans to invest US$50bn (£37bn) in the US over the next five years amid the looming threat of President Donald Trump's trade tariffs.
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The Cambridge-headquartered firm said the investment will fund a new “state-of-the-art” manufacturing facility in Virginia - set to be its largest single manufacturing investment in the world.
It will also expand research and development (R&D) and cell therapy manufacturing in Maryland, Massachusetts, California, Indiana and Texas.
The announcement marks the latest by a global pharmaceutical giant to expand its footprint in the US as Mr Trump has threatened to impose tariffs of up to 20% on drug imports in an effort to increase manufacturing in America and drive down costs for Americans.
This story is from the July 23, 2025 edition of Western Mail.
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