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AstraZeneca Invests $15 Billion in China's Drug Manufacturing Expansion

3/21/2026

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Story summary
  • AstraZeneca plans drug manufacturing facilities in Guangzhou and Shanghai.
  • The company will also establish a cell-therapy production base in Shanghai's Lingang Special Area.
  • The Guangzhou facility will produce actinium-225-based treatments for prostate cancer.
  • The move is part of a US$15 billion commitment to the Chinese market by 2030 announced during UK Prime Minister Keir Starmer's January visit to Beijing.