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Fortune

Diane Brady

AstraZeneca CEO Pascal Soriot on why he’s building in the U.S.: ‘Europe is losing ground’

Pascal Soriot AstraZeneca Europe Fortune Diane Brady United States

Photo: AstraZeneca CEO Pascal Soriot (Credit: Photo via AstraZeneca.)

In today’s CEO Daily: Diane Brady talks to AstraZeneca CEO Pascal Soriot.
The big story: Trump punishes the WSJ for its Epstein scoop.
The markets: Low drama.
Analyst notes from Deutsche Bank on housing, JPMorgan on the tariffs, and Goldman Sachs on mortgages.
Plus: All the news and watercooler chat from Fortune.

Good morning. Thirty-three days. That’s how long it took from the time AstraZeneca CEO Pascal Soriot greeted Virginia Governor Glenn Youngkin in his London office to announcing a $4 billion manufacturing facility in the state at a press conference in Washington yesterday. Soriot said it’s the European pharma giant’s largest-ever single manufacturing investment, negotiated at the fastest-ever speed. “Usually, this kind of discussion takes months,” he told me in D.C. “Sometimes you have a meeting of minds.”

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