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AstraZeneca to build $2.5B research hub in Beijing

  • AstraZeneca plans to build a $2.5 billion research and development center in Beijing, as announced by the company on Friday.
  • This center will increase AstraZeneca's workforce in Beijing to approximately 1,700, according to the company's statement.
  • AstraZeneca is partnering with the Beijing government and three Chinese biotech firms as part of this project.
  • CEO Pascal Soriot stated that this investment reflects AstraZeneca's commitment to China's life sciences ecosystem.
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regionalmedianews.com broke the news in on Friday, March 21, 2025.
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