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AstraZeneca sets up regional headquarters in Pudong
By Cai Wenjun |
June 21, 2012, Thursday
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Online Edition
Online Edition
UK pharmaceutical giant AstraZeneca today announced the establishment of its Asia-Pacific headquarters in the Zhangjiang Hi-tech Park in Pudong, Shanghai and said the move will boost its drug research and development to meet the needs of patients in Asia.
With an investment of US$100 million, the new headquarters will supervise AstraZeneca's manufacturing operations and drug development in China and the Asia-Pacific region.
Last year the company opened a global Clinical Operations Hub in Shanghai, one of five such hubs worldwide, to conduct phase I to phase III clinical tests of its new drugs, AstraZeneca officials said.
With an investment of US$100 million, the new headquarters will supervise AstraZeneca's manufacturing operations and drug development in China and the Asia-Pacific region.
Last year the company opened a global Clinical Operations Hub in Shanghai, one of five such hubs worldwide, to conduct phase I to phase III clinical tests of its new drugs, AstraZeneca officials said.
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