By Jaime Llinares Taboada

AstraZeneca PLC said Tuesday that it will invest $360 million in a manufacturing facility in Ireland.

The pharmaceutical company said it is planning to build an active pharmaceutical ingredient-manufacturing facility for small molecules near Dublin to ensure that its supply network is fit for future growth.

The plant will allow for late-stage development and early commercial supply, AstraZeneca said. It will create 100 direct jobs and further indirect jobs.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

September 21, 2021 02:23 ET (06:23 GMT)

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