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AstraZeneca starts R&D plant expansion near Boston
May 7, 2007 / 3:12 PM / 10 years ago

AstraZeneca starts R&D plant expansion near Boston

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: phone 646 223-6030)) Keywords: ASTRAZENECA PLANT/

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