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AstraZeneca Will Test More Assets Against COVID-19

Uses Q1 Update To Outline Coronavirus Efforts

 
• By Sten Stovall

AstraZeneca, during a strong first-quarter update, underscored its determination to test existing portfolio assets for use in fighting the COVID-19 pandemic.

Covid-19
Group hopes portfolio drugs can ease COVID-19 organ damage • Source: Shutterstock

AstraZeneca PLC will keep making portfolio assets available for trials to evaluate their use in countering disease symptoms of COVID-19, with emphasis on preventing organ damage in severely affected patients, the UK pharma’s management said when presenting its first-quarter update that, despite the pandemic, showed strong revenue growth driven by good sales across all therapy areas.

Still, CEO Pascal Soriot said the fight against the SAR-CoV-2 virus was unlikely to alter the company’s long-term therapeutic focus,...

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