“Today’s announcement underpins our belief in America’s innovation in biopharmaceuticals and our commitment to the millions of patients who need our medicines in America and globally,” Pascal Soriot, chief executive officer, AstraZeneca, said in a press release (1). “It will also support our ambition to reach $80 billion in revenue by 2030. I look forward to partnering with Governor Youngkin and his team to work on our largest single manufacturing investment ever. It reflects the Commonwealth of Virginia’s desire to create highly skilled jobs in science and technology and will strengthen the country’s domestic supply chain for medicines.”
“For decades Americans have been reliant on foreign supply of key pharmaceutical products,” Howard Lutnick, US Secretary of Commerce, said in the press release (1). “President Trump and our nation’s new tariff policies are focused on ending this structural weakness. We are proud that AstraZeneca has made the decision to bring substantial pharmaceutical production to our shores. This historic investment is bringing tens of thousands of jobs to the US and will ensure medicine sold in our country is produced right here.”
Governor Glenn Youngkin, Commonwealth of Virginia, added (1), “I want to thank AstraZeneca for choosing Virginia as the cornerstone for this transformational investment in the United States. This project will set the standard for the latest technological advancements in pharmaceutical manufacturing, creating hundreds of highly skilled jobs and helping further strengthen the nation's domestic supply chain. Advanced manufacturing is at the heart of Virginia's dynamic economy, so I am thrilled that AstraZeneca, one of the world's leading pharmaceutical companies, plans to make their largest global manufacturing investment here in the Commonwealth.”
Building on previous US manufacturing investment
This new investment is in addition to the $3.5 billion US expansion the company announced in November 2024 (2) for an R&D center in Cambridge, Massachusetts; a biologics manufacturing facility in Maryland; and specialty manufacturing capabilities in Texas.
“Our multi-billion-dollar investment reflects the attractiveness of the business environment together with the quality of talent and innovation capabilities here in the United States,” Soriot said in a press release at the time of the announcement (2). “By expanding our R&D and manufacturing footprint, we aim to enhance the development of cutting-edge therapies and support the United States leadership in healthcare innovation.”
References
1. AstraZeneca. AstraZeneca Plans to Invest $50 Billion in America for Medicines Manufacturing and R&D. Press Release. July 21, 2025.
2. AstraZeneca. AstraZeneca Invests $3.5 Billion in R&D and Manufacturing in the United States. Press Release. Nov. 12, 2024.