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ASTRAZENECA TO CLOSE UK RESEARCH CENTRES WITH 1,200 JOB LOSES
Tuesday, 2nd March
From the Guardian
Drug firm AstraZeneca is to close a research centre in the UK with the loss of up to 1,200 jobs in a move that threatens to undermine the UK's position as a leader in pharmaceutical research and development.
The AstraZeneca site in Charnwood, near Loughborough in Leicestershire, will close next year. A smaller facility in Cambridge will also shut. The cuts are part of 8,000 worldwide job losses announced by the firm in January.
The company said it was also interested in selling its Arrow Therapeutics business, which occupies a small facility in London.
In other changes, the firm said pharmaceutical development work at the Avlon facility near Bristol will end, with some roles transferring to Macclesfield or Alderley Park in Cheshire.