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AstraZeneca expects ‘minimal’ sales of Covid vaccine this year

Drugs giant AstraZeneca thinks that this year it will only sell a small amount of the Covid-19 vaccine which shot the company into the limelight during the pandemic. The Cambridge-based business said it expects revenue from the vaccine, now called ...

09 Feb 2023 at 08:17

City

Hunt disappointed UK ‘lost out this time’ on £320m new AstraZeneca factory

Chancellor Jeremy Hunt said he was disappointed the UK “lost out this time” on a £320 million new AstraZeneca factory after the drugs giant chose the low-tax Republic of Ireland instead. The group had wanted to build a plant near its existing ...

10 Feb 2023 at 10:25

Covid vaccine concerns were overblown, says AstraZeneca boss as he is knighted

Concerns around the AstraZeneca Covid vaccine were “overblown by the media”, the company’s chief executive has said. Sir Pascal Soriot was speaking after he was knighted by the King at Windsor Castle on Wednesday. Among those also honoured ...

14 Dec 2022 at 15:51

I would not do anything differently with vaccine, knighted AstraZeneca boss says

The recently knighted head of AstraZeneca says he would not “do anything differently” despite acknowledging there had been “setbacks” with the vaccine developed with Oxford University. Research released in June 2021 suggested Vaxzevria – ...

07 Jun 2022 at 05:24

City

Sales of AstraZeneca’s Covid vaccine slow to zero

AstraZeneca made no money from its Covid-19 vaccine in the second quarter of the year for the first time since it developed the drug which helped protect people from the pandemic. The company, which made no profit on its Covid vaccine, ...

28 Jul 2023 at 08:20

City

AstraZeneca targets doubling revenue to 80 billion dollars by end of decade

AstraZeneca has announced plans to nearly double its revenue to 80 billion dollars (£62.8 billion) by 2030, ahead of a landmark investor meeting for the pharmaceutical giant. The FTSE 100 company will launch 20 new medicines over the ...

21 May 2024 at 11:05

City

Drug firm bosses call for price increases in Europe amid tariff uncertainty

The bosses of leading pharmaceutical firms are urging the European Union to allow them to increase medicine prices amid uncertainty over tariffs in the sector. Drugmakers warned Europe it will fall further behind the US without ...

23 Apr 2025 at 16:01

City

AstraZeneca boss takes home £15m pay packet after profits rise

The boss of drugmaker AstraZeneca was handed a pay package worth nearly £15 million last year, new company accounts reveal. The Cambridge-based pharmaceutical company behind a variety of medicines paid its chief executive ...

18 Feb 2025 at 18:00

City

Top-paid FTSE boss AstraZeneca’s Pascal Soriot sees pay jump again to £16.9m

Drugs giant AstraZeneca has handed its boss Pascal Soriot a pay deal worth £16.9 million and proposed changes which could lead to an even higher deal next year. The pharmaceutical firm revealed the deal, which is ...

23 Feb 2024 at 11:15

Soap star William Roache compares workloads with King at investiture ceremony

TV stars William Roache and Matt Baker have praised the King and the work of the royal family as they were honoured at an investiture ceremony in Windsor Castle. Roache, who holds the world record for the ...

14 Dec 2022 at 18:03

City

AstraZeneca unveils plans for £37bn investment in US amid tariff threats

Drug maker AstraZeneca has announced plans to invest 50 billion dollars (£37 billion) in the US over the next five years amid the looming threat of President Donald Trump’s trade tariffs. The ...

22 Jul 2025 at 09:19

City

AstraZeneca pauses £200m expansion in Cambridge

British drug giant AstraZeneca has paused a planned £200 million expansion of its research site in Cambridge, the company said. It comes after the pharmaceutical firm abandoned plans to ...

12 Sept 2025 at 21:48

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