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Astrazeneca injects $2bn to boost US manufacturing capabilities

Summary by City AM
FTSE 100 giant Astrazeneca plans to invest $2bn into growing its manufacturing footprint in Maryland, as part of its efforts to boost its US capabilities and presence. The investment will support the “significant expansion” of its biologics manufacturing facility in Frederick, doubling its capacity and increasing its medicine supply, as well as the construction of a new clinical manufacturing facility in Gaithersburg. Both projects are expected …
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City AM broke the news in London, United Kingdom on Monday, November 24, 2025.
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