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Astrazeneca

  • Labour will ‘get under the bonnet’ of Britain’s growth problem, Starmer to say

    January 31, 2024

    Labour will “roll up our sleeves and get under the bonnet” to fix Britain’s stagnating growth problem, Sir Keir Starmer is set to tell bosses and CEOs.

  • Labour would host annual investment summit if elected, vows Jonathan Reynolds

    January 29, 2024

    Labour would host an annual business summit to showcase Britain as a global investment destination, if elected into power, Jonathan Reynolds has pledged.

  • Private sector AI forum to launch in January, No10 announce

    December 20, 2023

    A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.

  • Astrazeneca raises earnings forecast despite evaporation of Covid vaccine demand

    November 9, 2023

    For the third consecutive quarter, strong sales of AstraZeneca's blockbuster cancer treatments and healthy demand for its drugs in emerging markets offset the loss of sales of its COVID-19 vaccine and therapy.

  • Astrazeneca: Pharma giant splashes the cash to settle two legal claims

    October 3, 2023

    Pharma giant AstraZeneca has agreed to pay out $425m in a settlement today after facing multiple claims from litigators that two of its stomach acid drugs caused kidney injuries.

  • AstraZeneca: Revenue boost despite welcome end of Covid-19 jab sales

    July 28, 2023

    Britain’s biggest FTSE firm AstraZeneca reported an uptick in sales as oncology treatments helped pick up the slack from falling sales of Covid-19 medicines. The pharmaceutical company made over $22.2bn (£17.3bn) – a four per cent increase – during the first half of 2023, causing shares to spring over three per cent on market open [...]

  • Bosses from Natwest, Shell and Sainsbury’s join PM’s new taskforce to boost growth

    July 18, 2023

    Top bosses from firms including Barclays, Aviva and Shell have joined the Prime Minister’s new business council aimed at supercharging the UK’s growth. Prime Minister Rishi Sunak will chair the first business council meeting at No10 today, followed by a glitzy reception for scores of industry bigwigs to celebrate UK enterprise. CEOs including Alison Rose [...]

  • AstraZeneca: Britain’s biggest FTSE firm drafts plans to spin off Chinese business – reports

    June 19, 2023

      AstraZeneca, London’s biggest listed company, is looking at plans to spin off its Chinese businesses to protect it from geopolitical tension, according to a report. Citing people familiar with the situation, the Financial Times said the British-Swedish drugs giant has been in talks with bankers for several months. When contacted by the PA news [...]

  • AstraZeneca: Cancer medicine sales offset a post-pandemic slump in Covid drugs

    April 27, 2023

    AstraZeneca reported a slight dip in sales but beat forecasts on the back of a boost in sales of oncology medicines. The pharmaceutical company reported a 4 per cent fall in revenue to $10.9bn (£8.7bn) on Thursday morning. Sales of oncology drugs helped compensate for a $1.5bn (£1.2bhn) fall in Covid-19 medicines, the company said.  [...]

  • CBI exodus: Which firms have quit or suspended their relationship with the lobby group?

    April 21, 2023

    A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.

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