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AstraZeneca Will Invest 1.3 Billion until 2027 in Catalonia

AstraZeneca Spain’s president, Rick R. Suárez, announced a €1.3 billion investment in Catalonia until 2027, exceeding previous plans by €500 million. They aim to employ 2,000 workers by 2025, highlighting public-private collaboration and the need for a favorable regulatory framework. The president of the company has assured that AstraZeneca is making “a brave and firm bet.”




The president of AstraZeneca Spain, Rick R. Suárez, has announced that the company will invest 1.3 billion euros until 2027 in Catalonia, 500 million more than expected so far.

He said it this Thursday at the celebration of the first anniversary of AstraZeneca’s Global Hub Barcelona, ​​in which the President of the Government, Pedro Sánchez, is expected to participate through a video; the president of the Generalitat, Pere Aragonès; the mayor of Barcelona, ​​Jaume Collboni, and the Secretary of State, Juan Cruz.

Suárez has also announced the company’s desire to reach 2,000 workers at its Barcelona center in 2025 , double what had been announced and two years ahead of schedule. He recalled that next year the company center located in the Edifici Estel in Barcelona will come into operation, which he has defined as a “true meeting point for science and innovation.”

The president has assured that the company is making “a brave and firm bet” and that it is an opportunity to promote the leadership of Catalonia and the rest of Spain in the international research landscape.

Read more about teh investemnts planned by AstraZeneca in Catalonia and find the most important business news of the day with our companion app Born2Invest, available for free for both Android and iOS devices. Don’t waste your time scrolling the internet, our team of seasoned writers will do that for you, so you can stay on top of the market.

AstraZeneca: Public-private collaboration is very important

Suárez has valued public-private collaboration as a “fundamental pillar” for the company’s commitment to Spain. He explained that this investment effort “can only be carried out efficiently with the support of the institutions”, and he thanked the support he has received from the Government, the Generalitat and Barcelona City Council, which he has defined as indispensable for continue with the project.

In any case, the president of the company AstraZeneca has regretted that Spain is one of the countries in which the longest time passes between the approval of a medicine and its availability.

He has called for a “clear and equitable regulatory framework” that favors research, promotes public-private collaboration and reduces the difference with other European countries in the availability of treatments.


(Featured image by Joaquin Aranoa via Pixabay)

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First published in PlantaDoce. A third-party contributor translated and adapted the articles from the originals. In case of discrepancy, the originals will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.

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