The city has a long history with tropical medicine and is now home to one of the largest biotech clusters in Europe
, one of the largest in Europe, and a leader in vaccine development and manufacture, as well as infectious disease research projects in the UK.A grant would constitute one of the first big state interventions since Labour came to power in July, and a test of how well the drug maker, run byMeanwhile, the new BMS building, to be unveiled next May, is 50% bigger than its existing labs in Wirral, and will house 250 scientists and operational staff, more than double the number of eight years ago.
Back in the 1960s, staff at Moreton provided the first ever human clinical trial supplies of an ACE inhibitor – a class of drugs used to treat high blood pressure and heart failure – and later created technologies for the delivery of diabetes treatments.The hope in the Leasowe area is that, as more biotech and pharma companies invest around Liverpool, they will create jobs for local people and provide a boost to the local economy.
It can make more than 20m doses a year, which are shipped to Philadelphia to be “filled and finished” as Fluenz or FluMist nasal spray. The new Speke plant would be able to produce vaccines from start to finish – important to the UK’s pandemic readiness planning. She was also director of the Liverpool School of Tropical Medicine for nearly two decades, and in 2020 set up the Infection Innovation Consortium , which brings together industry, academia and NHS clinicians.
This has weighed on the drug maker and sent its share price sharply downwards when the news broke. AstraZeneca’s market value has dropped from a peak of more than £200bn in mid-August to about £170bn. A Treasury spokesperson says: “We are committed to making the UK one of the best places in the world to develop and manufacture new and innovative medicines, and we are in active discussions with AstraZeneca to support the delivery of this planned investment in Speke.”
Speke is where the Distillers Company, a Scotch whisky maker, became one of the first factories in Europe to manufacture penicillin, in 1945, and where US company Eli Lilly made biosynthetic insulin and human growth hormone in the 1980s.
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