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AstraZeneca Expands Virginia Investment To $4.5 Billion For Cancer, Obesity Drugs - AstraZeneca (NASDAQ:AZN)
AstraZeneca’s $4.5 billion investment will create 3,600 direct and indirect jobs, supporting U.S. drug manufacturing and advancing cancer and metabolic treatment production.
- AstraZeneca broke ground on Oct. 10, 2025, at the Rivanna Futures site in Charlottesville, announcing a $4.5 billion investment that Soriot said anchors a $50 billion U.S. plan.
- Thanks to programs like the Virginia Business Ready Sites Program, the Virginia Economic Development Partnership and Albemarle County secured the Rivanna Futures site with a $9.7 million grant, while AstraZeneca cited Virginia’s strong talent pool and `pro-business environment`.
- The Virginia build spans two capabilities: drug‑substance production for weight‑management and metabolic portfolios and a separate antibody‑drug conjugate manufacturing facility, producing oral GLP‑1, baxdrostat, oral PCSK9 and small‑molecule products using AI, automation and data analytics.
- The project will create 600 highly skilled plant jobs and roughly 3,000 construction roles, with first production targeted in four to five years and about 3,600 direct and indirect jobs eventually.
- Seen through a policy lens, the project aligns with an onshoring push by the administration following the White House tariff threat on Sept. 25 of 100% tariffs and officials said it strengthens national security and health sovereignty.
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Pharma Giant To Make Largest-Ever Investment In United States
Pharmaceutical industry company AstraZeneca plans to invest $4.5 billion on two manufacturing facilities in Virginia. The project, which is the British-Swedish corporation’s largest-ever investment, is projected to create about 600 jobs. The investment is estimated to create about 3,000 additional indirect jobs. “Today we announced our plans to invest $4.5 billion in a new manufacturing facility in Virginia. This includes a proposed $500m increa…
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Total News Sources20
Leaning Left1Leaning Right4Center6Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
C 55%
R 36%
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