AstraZeneca has opened a new $1 billion, 18-story research and development center in Kendall Square, Cambridge, Massachusetts. The 570,000-square-foot facility will house up to 3,000 employees in the coming years and utilizes advanced robotics and agentic AI to accelerate drug discovery. Alongside this opening, CEO Pascal Soriot highlighted AstraZeneca's recent $2 billion investment in Summit Therapeutics to develop next-generation cancer combinations using the bispecific antibody ivonescimab.
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