Washington, Oct. 11 -- US President Donald Trump announced Friday that biopharmaceutical giant AstraZeneca will invest USD 50 billion in the United States over the next five years to support research and development of new medicines and expand domestic manufacturing.

"Furthermore, AstraZeneca will invest USD 50 billion in the United States over the next five years for research and development of new drugs and to onshore manufacturing facilities across the country-like the new plant that broke ground yesterday in Charlottesville, Virginia, where the governor attended," Trump said during an event at the Oval Office.

The president noted that the Charlottesville facility is expected to initially create 3,600 jobs.

Published by HT Digital Con...