07 Nov 2024: AstraZeneca to build Antibody Drug Conjugate (ADC) manufacturing facility in Singapore
AstraZeneca held a groundbreaking ceremony on November 7 for its new Antibody Drug Conjugate (ADC) Manufacturing Facility in Singapore, marking a significant expansion in ADC capacity with a $1.5 billion investment
The facility will span 58 acres (over 2.5 million square feet) and is expected to be operational by 2029, making it AstraZeneca’s largest initial investment to date
The greenfield facility will be AstraZeneca’s first end-to-end ADC production site, designed to achieve LEED Platinum certification and operate on 100% renewable energy, targeting net-zero carbon emissions from day one
The facility aligns with AstraZeneca’s Oncology R&D strategy, which includes a diverse portfolio of ADCs, six of which are in clinical trials, and plans for multispecific ADCs that target multiple proteins on tumor cells for improved efficacy and reduced side effects