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

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...

More from Clinical Trials

Four Chinese Firms Snag Global First-In-Class Approvals In China

 

Four Chinese companies have won approvals in China, the first anywhere, for their novel drugs for diffuse large B-cell lymphoma, certain types of non-small cell lung cancer and influenza A, respectively.

Ultragenyx and Mereo Still Confident Despite Setrusumab Slip Up

 
• By 

The osteogenesis imperfecta drug stumbled in a second interim analysis.

Taiho’s Oral, Mutation-Agnostic DMD Candidate Misses Phase III Endpoint

 
• By 

The oral, twice-daily candidate was expected to control decline in motor function in DMD patients regardless of their gene mutations.

ProKidney Pins Hopes On Accelerated Approval For Rilparencel

 

After posting encouraging Phase II results, the company plans to meet with the US FDA about using data from an ongoing Phase III study for an accelerated approval.

More from R&D

Taiho’s Oral, Mutation-Agnostic DMD Candidate Misses Phase III Endpoint

 
• By 

The oral, twice-daily candidate was expected to control decline in motor function in DMD patients regardless of their gene mutations.

ProKidney Pins Hopes On Accelerated Approval For Rilparencel

 

After posting encouraging Phase II results, the company plans to meet with the US FDA about using data from an ongoing Phase III study for an accelerated approval.

BREAKING NEWS: Merck & Co. Leaps Into COPD Space With $10bn Verona Buy

 
• By 

The UK firm's chronic obstructive pulmonary drug Ohtuvayre has been enjoying a stellar launch.