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AstraZeneca opens research center while UK builds science center

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Britain’s Prince Charles gets a demonstration of how augmented reality helps with Hololens technology during a visit to AstraZeneca to officially open their new Global Research and Development facility at the Cambridge Biomedical Campus, England, on Tuesday, November 23, 2021. (Chris Jackson / PA via AP)

LONDON (AP) Prince Charles praised Cambridge as a center of scientific collaboration on Tuesday as pharmaceutical company AstraZeneca opened a 1 1 billion ($ 1.34 billion) research center, hoping to build work on developing one of the first COVID vaccines. 19.

The 19,000-square-foot (more than 200,000-square-foot) complex near Cambridge University will house more than 2,200 research scientists. He joins a group of businesses looking to make Cambridge a life science research center, similar to what Silicon Valley in California is for the tech industry.

“Having studied at Cambridge… over 50 years ago now, one of the things I have always seen so special about this city is how it attracts the meeting of minds, sparks unique interdisciplinary dialogue and nurtures collaboration and ingenuity,” Charles said. at the official opening.

The Cambridge Life Sciences Group includes 631 companies that employ almost 21,000 people and generate 7 7 billion in annual revenue, according to Cambridge Ahead, which promotes business development in the city.

AstraZeneca worked with the University of Oxford to develop one of the first COVID-19 vaccines approved by regulators in the UK, the European Union and other countries. The company and its licensing partners have delivered more than 1.5 billion doses of vaccine worldwide after pledging to sell it on a non-profit basis during the pandemic.

AstraZeneca said last week that it planned to start selling the vaccine at a modest profit, although it would continue to offer it to developing countries at cost.

AstraZeneca also plans to ask the US Food and Drug Administration to approve the vaccine.

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Follow all the AP pandemic stories at https://apnews.com/hub/coronavirus-pandemic.

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