Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >AstraZeneca says it will build cell therapy base, innovation centre in Shanghai
    Finance

    AstraZeneca Says It Will Build Cell Therapy Base, Innovation Centre in Shanghai

    Published by Global Banking & Finance Review®

    Posted on March 19, 2026

    2 min read

    Last updated: March 19, 2026

    AstraZeneca says it will build cell therapy base, innovation centre in Shanghai - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarkets

    Quick Summary

    AstraZeneca is set to build a cell‑therapy manufacturing and innovation centre in Shanghai, positioning itself as the first global drugmaker in China with end‑to‑end CAR‑T therapy capabilities, leveraging its 2024 acquisition of Gracell and its existing R&D hubs.

    Table of Contents

    • Expansion of AstraZeneca’s Cell Therapy and Innovation Capabilities in China
    • Overview of the New Facilities
    • Purpose and Scope of the Cell Therapy Facility
    • Understanding CAR-T Therapies
    • Investment Strategy and Market Expansion
    • Details of AstraZeneca’s Investment in China
    • Global Investment Context
    • Track Record of AstraZeneca’s Investments in China
    • Reporting Credits

    AstraZeneca says it will build cell therapy base, innovation centre in Shanghai

    Expansion of AstraZeneca’s Cell Therapy and Innovation Capabilities in China

    Overview of the New Facilities

    SHANGHAI, March 19 (Reuters) - AstraZeneca said on Thursday it will build a cell therapy manufacturing and supply base and an innovation centre in Shanghai, aiming to become the first global drugmaker with end-to-end cell therapy capabilities in China.

    Purpose and Scope of the Cell Therapy Facility

    The cell therapy facility will be used to manufacture and supply CAR‑T cell therapies for China and other Asian markets, the UK drugmaker said in a statement published on its Chinese social media account.

    Understanding CAR-T Therapies

    CAR-T therapies modify a patient's immune cells to recognise a specific target and destroy cancer cells.

    Investment Strategy and Market Expansion

    Details of AstraZeneca’s Investment in China

    A spokesperson for AstraZeneca told Reuters that the cell therapy investment is part of its plan to invest $15 billion in China through 2030 to expand its medicine manufacturing and research and development segments, announced in January, but declined to break down its specific value.

    Global Investment Context

    Even as AstraZeneca invests heavily in the United States, led by a $50 billion manufacturing deal last year, it continues to build its business in its second-biggest market after scandals, including the arrest of its China president in 2024.

    Track Record of AstraZeneca’s Investments in China

    AstraZeneca has invested billions of dollars in the country in Pascal Soriot's tenure as CEO since 2012, including $2.5 billion in a Beijing research and development hub in March last year, its second after a Shanghai site opened in 2024.

    Reporting Credits

    (Reporting by Andrew Silver in Shanghai and Beijing Newsroom; Editing by Tom Hogue and Janane Venkatraman)

    Key Takeaways

    • •The new Shanghai facility will handle autologous CAR‑T cell therapy manufacturing and supply for China and broader Asian markets, completing the full cell‑therapy value chain in‑country.
    • •This move builds on AstraZeneca’s 2024 acquisition of Gracell Biotechnologies and complements its global strategic R&D centres in Beijing and Shanghai, which collaborate with over 500 hospitals.
    • •The initiative is part of a broader US$15 billion investment through 2030 in China across R&D, manufacturing, and innovation—supporting expansion in cell therapies and radioconjugates, and increasing AstraZeneca’s China workforce beyond 20,000.

    Frequently Asked Questions about AstraZeneca says it will build cell therapy base, innovation centre in Shanghai

    1What facility will AstraZeneca build in Shanghai?

    AstraZeneca will build a cell therapy manufacturing and supply base as well as an innovation centre in Shanghai.

    2What is the goal of AstraZeneca's new facility in China?

    The goal is to become the first global drugmaker with end-to-end cell therapy capabilities in China.

    3Which therapies will be produced at AstraZeneca's Shanghai facility?

    The facility will manufacture and supply autologous CAR‑T cell therapies for China and other Asian markets.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Image for EU pitched for Turkey to join its payments system, envoy says 
    EU Pitched for Turkey to Join Its Payments System, Envoy Says 
    Image for Telecom Italia and Fastweb to jointly build 6,000 telecoms towers in Italy
    Telecom Italia and Fastweb to Jointly Build 6,000 Telecoms Towers in Italy
    Image for Lanxess reports annual sales below market estimates
    Lanxess Reports Annual Sales Below Market Estimates
    Image for Vonovia returns to profit in 2025
    Vonovia Returns to Profit in 2025
    Image for Morning Bid: Central bankers sound inflation alarm
    Morning Bid: Central Bankers Sound Inflation Alarm
    Image for EU leaders hunt for quick fixes to energy price spike amid Iran war
    EU Leaders Hunt for Quick Fixes to Energy Price Spike Amid Iran War
    Image for Voters rocked by war and tariffs could add to market angst in upcoming elections
    Voters Rocked by War and Tariffs Could Add to Market Angst in Upcoming Elections
    Image for Trump may push Japan for help with Iran war in White House meeting
    Trump May Push Japan for Help With Iran War in White House Meeting
    Image for Analysis-Investors face cloudier Fed rate view as Iran war grips markets
    Analysis-Investors Face Cloudier Fed Rate View as Iran War Grips Markets
    Image for Elliott builds stake in Invisalign maker Align Technology, Bloomberg News reports
    Elliott Builds Stake in Invisalign Maker Align Technology, Bloomberg News Reports
    Image for Oil rises 3% after Iran strikes Middle East energy facilities
    Oil Rises 3% After Iran Strikes Middle East Energy Facilities
    Image for Yen under pressure as focus turns to BOJ after Fed holds
    Yen Under Pressure as Focus Turns to BOJ After Fed Holds
    View All Finance Posts
    Previous Finance PostAnalysis-Investors Face Cloudier Fed Rate View as Iran War Grips Markets
    Next Finance PostElliott Builds Stake in Invisalign Maker Align Technology, Bloomberg News Reports