Business1 min read

AbbVie expands Oxford R&D facility as part of £120 million-plus investment

By · Via Investing.com Markets · Published by Everything Blog

In short

AbbVie is expanding its research and development facility located in Oxford. The project represents a commitment valued at more than £120 million to scale operational capacity. The dedicated site will support continued scientific efforts and broader corporate research goals.

Key points

  • AbbVie is substantially broadening its research and development footprint within the Unit…: AbbVie is substantially broadening its research and development footprint within the United Kingdom.
  • More than £120 million has been earmarked to fund this major facility growth.: More than £120 million has been earmarked to fund this major facility growth.
  • The site will bolster long-term capabilities to support advanced corporate drug developme…: The site will bolster long-term capabilities to support advanced corporate drug development projects.
Business