Salem Radio Network News Thursday, October 21, 2021

Business

AstraZeneca to invest $360 million in new Irish drug manufacturing site

(Reuters) – AstraZeneca said on Tuesday it would invest $360 million to develop an advanced manufacturing facility in Ireland to produce primary ingredients for medicines.

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.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by Arun Koyyur)

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