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The Independent UK
The Independent UK
Business
Will Meakin-Durrant

AstraZeneca to inject £300 million into UK in surprise U-turn

AstraZeneca Pascal Soriot United Kingdom Sir Keir Starmer

Pharmaceutical giant AstraZeneca is set to inject £300 million into UK drug development after halting a £200 million expansion and vaccine plant last year.

The investment follows praise from drugmakers including AstraZeneca for a US-UK agreement aimed at increasing medicine prices in Britain in line with the Trump administration's new US pricing policies. The deal was finalised earlier in April.

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