AstraZeneca Announces $15 Billion Investment in China Through 2030
AstraZeneca plans to invest $15 billion in China over the next five years through 2030, covering drug discovery, clinical development, and manufacturing.124
The investment expands facilities in Wuxi, Taizhou, Qingdao, and Beijing, with new sites to be announced, aiming for end-to-end cell therapy capabilities in China.14
Announcement made during UK Prime Minister Keir Starmer's visit to China, highlighting opportunities for British businesses.123
China is AstraZeneca's second-largest market and a strategic innovation hub; current workforce exceeds 17,000, expected to grow beyond 20,000.14
Focus areas include cell therapies and radioconjugates for cancer, blood disorders, and autoimmune diseases; includes partnerships with Chinese biotechs like AbelZeta, CSPC, Harbour BioMed, Jacobio, and Syneron Bio.24
AstraZeneca has two global R&D centers in China (Beijing and Shanghai) and has signed 16 licensing deals with Chinese partners since 2023.12
Sources:
1. https://www.biopharmadive.com/news/astrazeneca-china-biotech-invest-drug-manufacturing/810847/
2. https://www.fiercebiotech.com/biotech/astrazeneca-vows-15b-china-investment-boost-cell-therapy-and-radioconjugate-capabilities
3. https://news.cgtn.com/news/2026-01-30/AstraZeneca-doubles-down-on-China-with-15-billion-investment--1KmfEc5OI2k/p.html
4. https://www.stocktitan.net/sec-filings/AZN/6-k-astrazeneca-plc-current-report-foreign-issuer-33e6a81e3bc4.html