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

  • 📰 TIME
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Astra is working to ensure it can independently supply drugs to major markets as the U.S. pushes to reduce the industry’s reliance on China.

straZeneca 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. 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 underscored the need for local production.

“We’re organizing ourselves so we can supply the U.S. and Europe independently,” Soriot said in March on the sidelines of the Bo’ao Forum for Asia.Astra shares were little changed in early trading in London. They have gained 14% so far this year, less than GSK’s. Antibody-drug conjugates have become an important part of Astra’s cancer push, showing the promise to eventually replace conventional chemotherapy for some patients. They work by ferrying the active ingredient directly to the cancer cells, aiming to spare healthy ones.

The plant represents a “strong show of confidence in Singapore’s biopharmaceutical manufacturing capabilities and talent,” said Png Cheong Boon, who chairs the Singapore Economic Development Board.TIME may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 93. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

UAE Plans $13.5 Billion Investment in Brazil BiofuelsThe investment arm of the UAE's sovereign wealth fund plans to make a $13.5 billion investment in biofuels in Brazil.
출처: OilandEnergy - 🏆 34. / 68 더 많은 것을 읽으십시오 »