AstraZeneca plans quick-fire $3.5bn US investment
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AstraZeneca PLC has announced a $3.5 billion investment to expand its research and manufacturing operations in the US by 2026, creating over 1,000 high-skilled jobs. This is part of its 'Ambition 2030' plan to reach $80 billion in revenue by 2030.
November 12, 2024 | 8:30 am
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AstraZeneca's $3.5 billion investment in the US aims to expand research and manufacturing, creating over 1,000 jobs. This move is part of its strategy to achieve $80 billion in revenue by 2030.
The significant investment in the US is likely to enhance AstraZeneca's operational capacity and workforce, supporting its long-term revenue goals. This strategic move is expected to positively impact the company's stock price in the short term as it demonstrates commitment to growth and expansion.
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