{"id":133431,"date":"2025-09-13T00:34:09","date_gmt":"2025-09-13T00:34:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/133431\/"},"modified":"2025-09-13T00:34:09","modified_gmt":"2025-09-13T00:34:09","slug":"astrazeneca-pauses-200m-cambridge-investment-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/133431\/","title":{"rendered":"AstraZeneca pauses \u00a3200m Cambridge investment"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Over the last 10 years, UK spending on medicines has fallen from 15% of the NHS budget to 9%, while the rest of the developed world spends between 14% and 20%. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Meanwhile, pharmaceutical companies have been looking to invest in the US following Trump&#8217;s threats of sky-high tariffs on drug imports.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In July, AstraZeneca said it would invest $50bn (\u00a336.9bn) in the US on &#8220;medicines manufacturing and R&amp;D [research and development]&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Earlier this week Merck, which had already begun construction on a site in London&#8217;s King&#8217;s Cross which was due to be completed by 2027, said it no longer planned to occupy it.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The multi-national business, known as MSD in Europe, said it would move its life sciences research to the US and cut UK jobs, blaming successive governments for undervaluing innovative medicines.<\/p>\n","protected":false},"excerpt":{"rendered":"Over the last 10 years, UK spending on medicines has fallen from 15% of the NHS budget to&hellip;\n","protected":false},"author":2,"featured_media":133432,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[49,50,51,47,52,48],"class_list":["post-133431","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/133431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=133431"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/133431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/133432"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=133431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=133431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=133431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}