AstraZeneca Partners with Philippines to Establish First Pharmaceutical Innovation Hub in PEZA Ecozone
- The Philippine Economic Zone Authority (PEZA) and AstraZeneca Pharmaceuticals Philippines have signed an agreement to create the country's first pharmaceutical innovation hub within the PEZA ecozone network.
- The hub will serve as a regional center for digital health technology, research and development collaboration, and patient-centered healthcare solutions across ASEAN.
- The initial project will be an Oncology Innovation Center using artificial intelligence for early cancer detection, modeled after AstraZeneca's pharma hub in the United Kingdom.
- The partnership aims to make medicines more affordable and accessible while positioning the Philippines as a hub for healthcare-related investments and medical research.