AstraZeneca plans to hire over 800 employees in Singapore for highly skilled roles ranging from engineering, quality, technical services to global supply chain, as it begins construction of its manufacturing facility for antibody drug conjugates (ADCs), treatments that deliver highly potent cancer-killing agents directly to cancer cells through targeted antibodies.
The new site is set to produce ADCs that can precisely target cancers, providing supply of the next-generation medicines to patients globally. AstraZeneca has a broad portfolio of in-house ADCs, with six wholly owned ADCs in the clinic and many more in preclinical development. At this year's European Society for Medical Oncology Congress in September, AstraZeneca presented promising results that showcased the potential of its proprietary ADC technology across multiple tumour types, including breast, endometrial, and ovarian cancers.
Singapore's Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong and AstraZeneca Chief Executive Officer Pascal Soriot attended the groundbreaking for the 58-acre site in Tuas South, marking the official start of construction. The $1.5 billion USD facility is targeted to be operationally ready by 2029.