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Time of India

AstraZeneca to invest $50 bn in the US amid Trump tariffs

British pharmaceutical giant AstraZeneca on Tuesday said it would invest $50 billion in the United States amid a looming deadline of ramped-up tariffs from Washington . A large chunk of the funds will go toward building a multi-billion dollar manufacturing centre in Virginia , the company said in a statement, adding that it expects 50 percent of its revenue to come from the United States by 2030. Explore courses from Top Institutes in Please select course: Select a Course Category Others Cybersecurity Degree Project Management healthcare Technology Design Thinking Leadership Finance others Public Policy PGDM Digital Marketing MBA Artificial Intelligence Data Analytics Management Healthcare Product Management Operations Management Data Science Data Science CXO Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details "Today's announcement underpins our belief in America's innovation in biopharmaceuticals ," the statement quoted CEO Pascal Soriot as saying.