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Derek Rose

CSL injects $2.3b into US for valuable blood plasma

CSL Donald Trump United States

CSL has announced a multibillion-dollar investment in blood plasma production in the US. (Angela Brkic/AAP PHOTOS)

Australia's largest biotech company plans to expand its US presence with a $US1.5 billion ($A2.3 billion) investment that will allow it to manufacture more therapies derived from blood plasma collected in the states.

The funds injection could also potentially help CSL avoid or mitigate any future pharmaceutical tariffs imposed by US President Donald Trump.

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