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Can AstraZeneca Sustain Sector-Beating Growth? Its Buying Spree Could Help

 
• By Andrew McConaghie

AstraZeneca has maintained sector-beating growth for five years, but is looking to a new wave of bolt-on acquisitions and licensing deals to sustain that trajectory beyond 2030.

AstraZeneca
• Source: Shutterstock: Elzbieta Krzysztof

AstraZeneca has been on a sector-beating growth streak since 2018, but this could tail off in the coming years as its biggest earning therapies mature. The company believes it can sustain this performance beyond 2030, based on the planned launch of 15 new molecular entities in the next six years. 

Key Takeaways

  • AstraZeneca is on course to achieve double-digit growth from 2021 to 2025, but after that the picture is less certain

Analysts remain skeptical, though, as this forecast relies heavily on unproven early-stage molecules, while its biggest sellers edge towards US...

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