AstraZeneca 'very disappointed' after scrapping £450m vaccine plant in Liverpool

AstraZeneca 'very disappointed' after scrapping £450m vaccine plant in Liverpool
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AstraZeneca 'very disappointed' after scrapping £450m vaccine plant in Liverpool
Author: mirrornews@mirror.co.uk (Henry Saker-Clark, PA Deputy Business Editor, Lawrence Matheson)
Published: Feb, 06 2025 15:35

Summary at a Glance

Speaking at a press briefing post the company's yearly financial report, Mr Soriot remarked: "We couldn't make the business case work and couldn't make the investment economically viable.

AstraZeneca 'very disappointed' after scrapping £450m vaccine plant in Liverpool AstraZeneca's chief, Pascal Soriot, has said he is "very disappointed" after scapping plans for a £450m vaccine plant in Liverpool, but stressed that the numbers just didn't add up.

Mr Soriot acknowledged the Government's position, stating: "It wasn't possible for the Government to justify it, which we totally understand, and we said we couldn't justify it either.

Mr Soriot expressed pride in the company's achievements, stating: "Our company delivered a very strong performance in 2024.

The CEO of the pharmaceutical giant, Pascal Soriot, has refuted any suggestion of a fallout with the Government following the shelved project, which came to light earlier this week.

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