AstraZeneca Invests $1B in Massachusetts

AstraZeneca announced a billion dollar investment in Massachusetts to expand its workforce and operations. The drugmaker also opened a new research and development center in Cambridge.

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FILE PHOTO: A company logo is seen at the AstraZeneca site in Macclesfield, Britain, May 11, 2021. REUTERS/Phil Noble/File Photo

ASTRAZENECA PLC will invest over $1 billion in Massachusetts on Monday to expand its workforce by more than 50% over the coming years. The Anglo-Swedish drugmaker's funding forms part of a broader $50 billion investment plan in the United States. Global drugmakers are aggressively scaling up domestic manufacturing and research infrastructure.

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