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Sales of Covid vaccine set to decline as demand wanes, AstraZeneca predicts

Anglo-Swedish drugs giant AstraZeneca expects revenue from its Covid-19 medicines to fall by a fifth this year as demand wanes for its life-saving vaccine. The business said that it expected sales of Vaxzevria – more commonly known as the ...

29 Apr 2022 at 09:25

City

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, ...

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 ...

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 ...

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 ...

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 ...

28 Jul 2023 at 08:20

Actors Damian Lewis and William Roache set to receive royal honours

Actors Damian Lewis and William Roache, and AstraZeneca’s chief executive Sir Pascal Soriot are among a number of people due to be recognised with honours at an investiture ceremony on Wednesday. French-born Sir Pascal ...

14 Dec 2022 at 03:45

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 ...

21 May 2024 at 11:05

City

AstraZeneca plots US expansion despite Trump tariff threat

AstraZeneca has doubled down on plans to grow its US business as it braces for the country’s potential tariffs on the pharmaceutical industry. The drug maker said it is “firmly committed to investing and growing ...

29 Apr 2025 at 10:56

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 ...

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 ...

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 ...

23 Feb 2024 at 11:15

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