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AstraZeneca Announces $50 Billion U.S. Manufacturing and R&D Expansion

The British pharma giant plans its largest global plant in Virginia to bolster domestic supply under looming U.S. drug tariffs.

Overview

  • AstraZeneca will invest $50 billion in U.S. manufacturing and research by 2030.
  • The new Virginia facility will be the company’s largest global investment in drug production to date.
  • Earlier this year, AstraZeneca began shifting European output to the U.S. after President Trump threatened tariffs of up to 200 percent on medicines.
  • Commerce Secretary Howard Lutnick praised the investment as essential for addressing structural weaknesses in American pharmaceutical supply chains.
  • Peer companies including Sanofi, Novartis and Eli Lilly have also pledged tens of billions of dollars for U.S. production relocations to mitigate trade‐policy risks.