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AstraZeneca Halts £200 Million Investment in Cambridge Amid Concerns
Financial MarketsAstraZeneca InvestmentUpdated 8 hours ago

AstraZeneca Halts £200 Million Investment in Cambridge Amid Concerns

AstraZeneca has paused its £200 million investment in Cambridge, citing insufficient government support and pressure from the US for domestic investments. This decision halts progress on a larger £650 million investment package in the UK, raising concerns about the future of the pharmaceutical industry in the country.

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Editor’s Note: This pause in investment is significant as it reflects potential challenges AstraZeneca faces in the UK market, which could impact jobs and the local economy.

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