AstraZeneca to build cell therapy manufacturing hub, R&D center in Shanghai

Summary: AstraZeneca is spending big in China! The giant drug company is building a massive new factory and research center in Shanghai to make advanced cell therapies, like CAR-T treatments for cancer. This makes them the first global pharmaceutical company to handle everything from early research to final production for cell therapies right in China. They are also building another factory in Guangzhou for special radiation drugs used to treat prostate cancer. This is all part of a huge $15 billion plan. Their CEO says they need to be in China to learn, compete, and partner with fast-growing Chinese biotech companies.

Source: rssapp-fiercepharma-com URL: fiercepharma.com/pharma/astrazeneca-build-cell-therapy-manufacturing-hub-rd-center-shanghai (opens in new tab)