AstraZeneca: ‘Firing On All Cylinders’ In Q3

But UK Drug Maker Warns China Growth Will Now Slow

AstraZeneca beat market forecasts when posting its fifth successive quarter of revenue growth – but the UK drug maker warned that its sales in China will now slow down.

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AstraZeneca lifted its full-year sales guidance again as key oncology drugs stayed strong • Source: Shutterstock

AstraZeneca PLC’s impressive rebound continued in the third quarter. The UK firm beat market sales and profit forecasts, led by its oncology portfolio and marked by a heady expansion in emerging markets, with sales in China up 40% at constant exchange rates.

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