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AstraZeneca’s Farxiga Flies Across $1bn Barrier

Stellar Sales Of SGLT2 Inhibitor

 
• By Kevin Grogan

First-quarter sales jumped by 56% to $11.39bn at AstraZeneca and while its COVID-19 products brought in $1.6bn, it was the performance of the diabetes, heart failure and chronic kidney disease drug Farxiga that impressed most.

Pascal Soriot
Pascal Soriot • Source: AstraZeneca

While much of the focus on AstraZeneca PLC's first-quarter figures was on its COVID-19 products Vaxzevria and Evusheld, the drug that caught the eye was Farxiga, hitting the $1bn sales mark and exceeding analyst forecasts by some distance.

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