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.