AstraZeneca: staying the course amid pandemic tempest
As the pandemic broke, UK pharma major AstraZeneca (LSE: AZN) had the wind in its sales, with a rising stock price and a winning R&D formula.
One thing it did not have was experience developing vaccines.
All of that was about to change. Thanks to a partnership with scientists from academic rival Oxford, AstraZeneca’s induction to vaccine research resembled a trial by fire, developing a novel type of vaccine for a novel virus while it ravaged populations across the planet.
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