
(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
All the eclipses, supermoons, meteor showers and planets to spot in 2026 - 2
Hamas propaganda expert explains Israel's internal conflicts influenced Hamas's Oct. 7 assault - 3
Netflix's 'Lord of the Flies' show blends 'Adolescence' and 'Yellowjackets' - 4
SpaceX rocket launches 140 satellites into orbit on Transporter-15, aces landing at sea (video) - 5
Birds Will Flock To Your Birdbath When You Plant These Two Flowers Around It
Sports Shoes of 2024: Upgrade Execution and Solace
Damaged launch pad: How long before Russia can send astronauts to the ISS again?
How much should a kid's birthday party cost? One mom spent $190 for pizza and ice cream at a park. Another paid $2K for a playspace and goodie bags.
Mosquitoes carrying malaria are evolving more quickly than insecticides can kill them – researchers pinpoint how
Giude to Best Web based Learning Stage
UN torture cm'tee report flags Israel for allegedly mistreating journalists, detainees, ex-MAG
Solid Living Tips: Experiences from a Wellness Fan
German police 'cleared path for fascists with batons,' protesters say
A decade after Brazil’s deadly dam collapse, Indigenous peoples demand justice on the eve of COP30













