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AstraZeneca to Build Global Strategic Center in Shanghai

publication date: Feb 29, 2024

AstraZeneca announced that it will locate its fifth global strategic center in Shanghai, joining centers in Cambridge, UK, Boston and Gaithersburg in the US, and Gothenburg, Sweden. The Shanghai center will differ from the other centers because it will include China/Asia commercial and production operations along with R&D. The new center will play a part in AZ’s global strategy, according to the company. Earlier this year, AZ made a dramatic statement of its interest in China's biopharma innovation by spending $1.2 billion to acquire Gracell Bio, a CAR-T development company headquartered in Suzhou. More details....

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