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Market Chatter: AstraZeneca to Invest $2.5 Billion in Beijing Despite Recent Detaining of Executive
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Market Chatter: AstraZeneca to Invest $2.5 Billion in Beijing Despite Recent Detaining of Executive
Mar 21, 2025 5:00 AM

07:34 AM EDT, 03/21/2025 (MT Newswires) -- AstraZeneca ( AZN ) will invest $2.5 billion in a new research center in Beijing just months after the company's top executive was detained by Chinese authorities, Bloomberg reported Friday.

AstraZeneca ( AZN ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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