AstraZeneca has expanded its Coppell site with a $445 million investment to double production of Lokelma, a drug used to treat hyperkalemia.
The expansion will boost global production capacity, enhance local job growth, and strengthen the company's US manufacturing footprint.
Lokelma—sodium zirconium cyclosilicate—is used to treat hyperkalemia, high potassium levels in the blood.
AstraZeneca's investment is part of industry-wide onshoring trends, enhancing the company's US manufacturing presence.
Author's summary: AstraZeneca invests $445 million to expand Texas facility.