AstraZeneca PLC (LON: AZN, NASDAQ: AZN) reported better-than-expected second-quarter earnings as strong growth in oncology and rare diseases helped offset weaker sales in other parts of the business.
AstraZeneca PLC (LON: AZN, NASDAQ: AZN) reported better-than-expected second-quarter earnings as strong growth in oncology and rare diseases helped offset weaker sales in other parts of the business.
AstraZeneca has seen around £20 billion wiped from its market value following the disappointing late-stage trial results for Wainua, pushing its market capitalisation below £200 billion.
AstraZeneca’s Chief Executive Officer, Pascal Soriot, has cautioned that trade tariffs are ineffective in managing the pharmaceutical sector, as drug manufacturers express concern over potential U.S. duties.
AstraZeneca has announced plans to invest £2 billion in Beijing, just months after Chinese authorities detained the head of its China division over alleged illegal activities.
Shares of AstraZeneca PLC (LSE: AZN) dropped by 1.8%, leading to a £2.8 billion decrease in the company’s market value. This decline was primarily due to ongoing concerns about the
AstraZeneca PLC (LON: AZN) is poised to complete a substantial acquisition, purchasing Gracell Biotechnologies, a Chinese firm renowned for its innovative therapies targeting cancer and autoimmune diseases, in a deal