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Managing Expectations: "We're Still On Target" Says AstraZeneca CEO

 
• By Sten Stovall

Pascal Soriot says AstraZeneca remains on track to hit its $45bn sales target in 2023 – more or less - but to do that the UK's second biggest drug maker must maintain recent improvements in R&D productivity.

Pascal Soriot
Pascal Soriot Says AstraZeneca Still On Course To Hit 2023 Sales Target • Source: Scrip/LEllis

With growing product sales and a bulging, promising pipeline, once-troubled AstraZeneca PLC looks to be on the road to recovery and that 2018 will be a key year for that transition, according to CEO Pascal Soriot.

Presenting the group's fourth-quarter and full-year market update on Feb 2, Soriot told analysts and reporters that 2017 "was indeed a turning point for us. We made encouraging progress across...

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Pipeline Watch: Eight Approvals And Nine Phase III Readouts

Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.

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In Brief: Neurocrine Details New Data For Schizophrenia Drug Moving To Phase III

 
• By Sushmita Panda

Neurocrine reports new details of positive Phase II results in schizophrenia and a favorable safety and cardiovascular profile for its first-in-class oral M4 agonist, now moving to Phase III trials.