“Our ambition today is to not only unveil a building, but to also drive the next wave of scientific innovation,” CEO Pascal Soriot said in a statement.
The Cambridge life sciences cluster includes 631 companies that employ almost 21,000 people and generate annual revenue of 7 billion pounds, according to Cambridge Ahead, which promotes business development in the city.
AstraZeneca worked with Oxford University to develop one of the first COVID-19 vaccines approved by regulators in the U.K., European Union and other countries. The vaccine is widely used in developing nations because AstraZeneca has pledged to keep costs down by selling it to low- and middle-income countries on a non-profit basis.
AstraZeneca also plans to ask the U.S. Food and Drug