Japanese market could help bolster flagging Evusheld revenues
A research note from GlobalData suggests that AstraZeneca (LSE: AZN), the British pharma major responsible for the coronavirus vaccine Vaxzevria and antibody therapy Evusheld (tixagevimab), can expect positive uptake for the latter in Japan.
The long-acting antibody combination has been approved by Japan’s Ministry of Health, Labor and Welfare (MHLW) for the prevention and treatment of COVID-19.
The market could prove important to generating momentum in the near-term, with global sales of Evusheld having dropped in the second quarter, coming it at $445 million, down from $469 million at the start of the year.
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