AstraZeneca Sees Strength In Small Molecules, Starts Building Oncology Franchises

With its first oncology approval in 15 years, an imminent submission for its next cancer drug and a slew of trials starting by the end of the year, AstraZeneca is starting to show how oncology will be a growth platform.

Last year at the American Society of Clinical Oncology meeting, AstraZeneca PLC’s oncology business review was pitched to investors largely as a defense against a takeover by Pfizer Inc. This year, the focus was on the company’s progress in the therapeutic area.

In 2014, CEO Pascal Soriot attended ASCO as a show of how integral oncology was to the company’s stand-alone strategy ([A#14140602009])

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