AstraZeneca starts R&D plant expansion near Boston

Mon May 7, 2007 11:37am EDT

NEW YORK May 7 (Reuters) - Britain-based drugmaker AstraZeneca Plc (AZN.L) said on Monday construction began on a $100 million research and development expansion at its facility in Waltham, Massachusetts just outside Boston.

Construction of the 132,000-square-foot facility is scheduled to conclude by mid-2009, the company said. The expansion will accommodate up to 100 additional researchers who will join the more than 450 existing employees at the plant.

((Reporting by Bill Berkrot; Editing by Derek Caney; Reuters Messaging: bill.berkrot.reuters.com@reuters.net phone 646 223-6030)) Keywords: ASTRAZENECA PLANT/

(C) Reuters 2007. All rights reserved. Republication or redistribution ofReuters content, including by caching, framing or similar means, is expresslyprohibited without the prior written consent of Reuters. Reuters and the Reuterssphere logo are registered trademarks and trademarks of the Reuters group ofcompanies around the world.nWEN7758