AstraZeneca opens 570,000-sq-ft R&D campus in Cambridge, targeting 2,000 staff
read at Endpoints ↗Positive
AstraZeneca inaugurated a new research and development building in Cambridge, Massachusetts on Monday.
The facility spans 570,000 square feet and is expected to house about 2,000 employees once fully operational.
The company said the investment reflects its policy of allocating roughly a quarter of annual revenue to R&D.
Officials including senior vice presidents, Massachusetts Governor Maura Healey and CEO Pascal Soriot attended the opening.
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This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “AstraZeneca heralds new R&D facility in that ‘other’ Cambridge”
read at Endpoints ↗102 words · retrieved 35m ago
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