It will be the company's first such facility here.
SINGAPORE – Global biopharmaceutical company AstraZeneca intends to build a US$1.5 billion manufacturing facility in Singapore, the company said on May 20.
The new facility will mark AstraZeneca’s first end-to-end ADC production site, fully incorporating all steps of the manufacturing process at a commercial scale, it added. EDB chairman Png Cheong Boon said: “We welcome AstraZeneca’s decision to establish a manufacturing presence in Singapore for the first time. It will also be a first for AstraZeneca – an end-to-end manufacturing facility for novel antibody drug conjugates that enables precision therapy for cancer.”
The company’s chief executive Pascal Soriot said: “AstraZeneca has built an industry-leading portfolio of cancer medicines, including antibody drug conjugates, which have shown enormous potential to replace traditional chemotherapy for patients across many settings.
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