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AstraZeneca ‘Particularly Pleased’ With Q1 China Performance

 
• By Ian Haydock

AstraZeneca put in another good performance in the emerging markets and China in the first quarter, albeit at lower growth rates than last year, and in contrast to some of its competitors sees continued bright prospects in the latter market in particular, given a well-suited product portfolio.

CEO Pascal Soriot declared upfront that he was "particularly pleased" with AstraZeneca PLC's performance in China in the first quarter, where he noted the UK-based multinational "continued to deliver double-digit sales growth."

While this was true, and China continued to lead the company's emerging markets push, AstraZeneca's overall Chinese sales grew by a more modest 11% to $774m in the quarter, well down from the 15% for the whole of

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