# AstraZeneca to invest $360m in manufacturing facility in Ireland

- Link: https://www.directorstalkinterviews.com/astrazeneca-to-invest-360m-in-manufacturing-facility-in-ireland/4121023605
- Published: 2021-09-21T08:20:37+01:00
- Author: Amilia Stone

**AstraZeneca pl**c ([LON:AZN](https://www.directorstalkinterviews.com/ftse-company/astrazeneca/azn.l))
is planning on establishing a next-generation active pharmaceutical ingredient (
API) manufacturing facility for small molecules near Dublin, Ireland to ensure the
Company’s global supply network is fit for future growth.

The new plant will allow for late-stage development and early commercial supply,
adopting state of the art process technology and digital innovation that is designed
to meet the needs of the Company’s new medicines pipeline with speed and agility.

The $360m planned investment at the Alexion Campus in College Park, Dublin, is expected
to create about 100 highly skilled direct jobs, including scientists and engineers,
and further indirect jobs. The project, which will provide an important boost to
the local economy and to the country’s life-sciences sector, was developed with 
the support and collaboration of Ireland’s investment agency, IDA Ireland.

> **Micheál Martin, Taoiseach, said**: “I warmly welcome today’s announcement from
> AstraZeneca that it is to establish its first ever manufacturing facility in Ireland.
> This $360 million investment represents a significant commitment to Ireland and
> will see 100 jobs being created. In choosing Ireland as the location for its new
> next-generation active pharmaceutical ingredient manufacturing facility, AstraZeneca
> joins the very strong and successful network of global life sciences companies
> we have in Ireland. I wish them every success with their operations here.”

> **Pascal Soriot, Chief Executive Officer, AstraZeneca, said**: “This is a tremendously
> proud moment for us all at AstraZeneca and I am delighted that we are bringing
> this very significant investment to Dublin which, with the support of the IDA,
> will create highly skilled jobs, nurture the country’s dynamic life sciences sector
> and allow for the development of high value-added medicines.”

> **Pam Cheng, Executive Vice President, Global Operations and IT, said**: “The 
> future manufacturing of APIs for our medicines includes compounds with highly 
> complex synthesis, requiring next generation technologies and capabilities that
> can respond quickly and nimbly to rapidly-changing clinical and commercial needs.
> This significant investment will ensure the AstraZeneca supply network is fit 
> for the future.”

The investment programme is expected to significantly reduce commercialisation lead
times, costs and introduce more sustainable manufacturing processes, contributing
to the Company’s Ambition Zero Carbon programme. The industry-leading, future proof
design of the plant will permit the addition of capability to manufacture a wide
range of medicines, including new modalities such as antibody drug conjugates and
oligonucleotides. 

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