AstraZeneca to Invest $50 Billion in US as Tariff Threat Looms

The UK-based drugmaker joins a growing list of pharmaceutical giants committing to large-scale investments in the United States.

The logo for AstraZeneca outside its North America headquarters in Wilmington, Del., on March 22, 2021. Rachel Wisniewski/Reuters

AstraZeneca said on Tuesday it plans to invest $50 billion in the United States by 2030, funding a new multibillion-dollar manufacturing facility in Virginia and expanding research, development, and cell therapy operations in Maryland, Massachusetts, California, Indiana, and Texas.

The Virginia site will manufacture drug substances for weight management and metabolic treatments, including oral GLP-1 drugs, baxdrostat, oral PCSK9 inhibitors, and combination therapies. The plant will produce small molecules, peptides, and oligonucleotides, AstraZeneca said.