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AstraZeneca to Invest $1.5 Billion in Singapore Cancer Drug Plant

The facility will be the company's first end-to-end site for producing next-generation antibody-drug conjugates, targeting precision cancer therapies.

  • Construction will begin by the end of 2024, with operations expected to start in 2029.
  • The plant will produce antibody-drug conjugates (ADCs) that target cancer cells while sparing healthy ones.
  • This investment is supported by Singapore's Economic Development Board.
  • The facility is designed to have zero carbon emissions from its first day of operation.
  • AstraZeneca aims to enhance its supply chain and reduce reliance on China.
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