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David Fredrickson: Our Largest Single Investment in a Facility to Date
Jul 23, 2025, 08:52

David Fredrickson: Our Largest Single Investment in a Facility to Date

David Fredrickson, Executive Vice-President, Oncology Business at AstraZeneca, shared on LinkedIn:

“I am pleased to share that earlier today, AstraZeneca announced plans to invest $50 billion in the United States by 2030, including a proposed new multi-billion dollar substance manufacturing plant in the Commonwealth of Virginia – our largest single investment in a facility to date.

A special thanks to Glenn Youngkin for the partnership to bring this innovative facility to Virginia. The new facility will apply some of the most cutting-edge technology including AI, automation, and data analytics to optimize production, and further expands our strong presence in the United States, which is home to 19 AstraZeneca R and D, manufacturing and commercial sites and 18,000 AstraZeneca employees country wide.

Collectively, this investment is expected to generate tens of thousands of new, highly skilled jobs across the country aimed at delivering next generation medicines for millions of patients in the United States and across the globe.

US audiences can read more about the announcement here.”

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