Tag: 50B
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AstraZeneca grows US presence with $50B in spending plans
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. WASHINGTON — AstraZeneca, the U.K.’s third biggest company by market value, is making itself a bit more American. On Monday, AstraZeneca CEO Pascal Soriot joined Virginia Governor Glenn Youngkin in Washington D.C. to sign an agreement on…
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Roche, answering tariff threat, pledges $50B to US drug production
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Roche is the latest drugmaking planning to expand drug production in the U.S., announcing Tuesday a pledge to spend $50 billion over five years on new and existing manufacturing facilities in several states. The…
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Eli Lilly expands US manufacturing build-out with $50B target
Eli Lilly will invest tens of billions more dollars in U.S. drug manufacturing in a significant enlargement of plans the Indianapolis company had already described as historic. Lilly, which makes the popular obesity medicine Zepbound, previously pledged to spend $23 billion on constructing and refurbishing factories in the U.S. to churn out the company’s new…