Article 7006G AstraZeneca pauses £200m investment in Cambridge research site

AstraZeneca pauses £200m investment in Cambridge research site

by
Simon Goodley and Julia Kollewe
from World news | The Guardian on (#7006G)

Decision means none of drugmaker's much-trumpeted 650m UK investment package is currently proceeding

The drugmaker AstraZeneca has paused a planned 200m expansion of its Cambridge research site, completing a depressing week for the UK pharmaceutical industry.

The decision by the UK's largest company means none of its much-trumpeted 650m investment package in the UK - which was originally announced in March 2024 - is proceeding.

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