AstraZeneca Deepens China Roots With Shanghai Cell Therapy Manufacturing Push [Yahoo! Finance]
Bristol-Myers Squibb Company (BMY)
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Source: Yahoo! Finance
AstraZeneca has launched end to end cell therapy manufacturing in Shanghai, becoming the first multinational with this capability in China. The new facility is designed to support oncology and autoimmune cell therapies for China and wider Asian markets. The move follows AstraZeneca's acquisition of Gracell Biotechnologies and is part of a wider, multi year investment in China's biotech ecosystem. AstraZeneca (LSE:AZN), trading at £138.96, is adding a new pillar to its China presence by moving into full scale cell therapy manufacturing rather than focusing only on drug sales and approvals. The company has delivered a 21.8% return over the past year and 112.4% over five years, alongside a 33.2% return over three years. This provides important context for how this new manufacturing step sits within a longer track record of value creation. Short term moves have been mixed, with a 3.4% decline over the past week and a 9.0% decline over the past month, while the year to date return s
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BMY
Earnings
- 2/6/26 - Beat
BMY
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- 3/27/26 - Form 15-12G
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