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China Now Second Biggest Market For AstraZeneca

 
• By Ian Haydock

2014 was a landmark year for AstraZeneca's Asian business, as China surged to become the UK-based firm's second-largest single country market after the U.S., growing by 22% and driven by big increases in the respiratory sector.

For the year, AstraZeneca PLC's sales in emerging markets sales were up 12% at constant currencies (8% actual) to $5,827 million, driven in large part by China, where business surged by 22% (at constant currency and in actual terms) to $2,242 million.

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