Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
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AstraZeneca is increasing its U.S. investment by $2 billion, totaling $3.5 billion by 2026; the investment aims to create over 1,000 jobs; the announcement follows Donald Trump's election win; CEO Pascal Soriot cites confidence in the U.S. economy; the investment includes a new R&D center in Cambridge, Mass., and manufacturing plants in Maryland and Texas; AstraZeneca aims for $80 billion in revenue by 2030; the company acknowledges challenges from the Inflation Reduction Act but emphasizes the investment is based on economic confidence, not policy changes.
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https://www.cnbc.com/2024/11/13/healthy-returns-astrazeneca-boosts-us-investment-on-confidence-in-economy.html
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