The Anglo-Swedish drugmaker, which completed its $39 billion
purchase of rare disease drugs maker Alexion in July, has a large
portfolio of treatments for cancer, heart disease, diabetes and a
COVID-19 vaccine, with several drugs under trials.
"The future manufacturing of APIs for our medicines includes
compounds with highly complex synthesis ... This significant
investment will ensure the AstraZeneca supply network is fit for the
future," said Pam Cheng, head of AstraZeneca's operations and IT.
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The planned investment in
Dublin is expected to support late-stage
development and early commercial supply, the
company said, adding that the site can be
developed further to add treatments such as
antibody drug conjugates and oligonucleotides.
(Reporting by Pushkala Aripaka in Bengaluru;
Editing by Arun Koyyur and Saumyadeb Chakrabarty)
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