AstraZeneca Sees Further Growth, Lifted by Cancer Drugs
Market Intelligence Analysis
AI-PoweredAstraZeneca expects further profit growth this year, driven by sales of its cancer drugs, which will help offset the impact of a patent expiry on its diabetes medicine.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
AstraZeneca expects profit to grow further this year, boosted by sales of its cancer drugs as it works to offset a patent expiry of a blockbuster diabetes medicine. CEO Pascal Soriot spoke to Anna Edwards, Guy Johnson and Tom Mackenzie on Bloomberg's The Opening Trade about the company's earnings, outlook, and its pipeline of new medicines. This interview occurred Tuesday, February 10. (Source: Bloomberg)
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