Weekly Digest - May 2024

Weekly Digest - May 2024

20 May 2024: AstraZeneca places $1.5B bet on end-to-end ADC manufacturing in Singapore

  • AstraZeneca is heavily investing in cancer-fighting technology with a significant manufacturing expansion in Asia

  • Company plans to build a $1.5 billion ADC manufacturing facility in Singapore, British pharma’s first site for end-to-end ADC production.

  • The site will encompass all stages of the ADC manufacturing process at commercial scale, from antibody and chemotherapy production to drug-linker conjugation

  • The facility will receive support from Singapore’s Economic Development Board (EDB)

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