AstraZeneca expects 2017 revenues to be broadly in line with 2013 revenues
Anglo-Swedish drug major AstraZeneca (LSE: AZN) will provide an update on its business plans at the JP Morgan Healthcare Conference in San Francisco today.
Chief executive Pascal Soriot (pictured) will provide an update on the company’s development pipeline and outline its strategic priorities for 2014 as AstraZeneca continues to focus on achieving scientific leadership and returning to growth.
He will tell investors that AstraZeneca has made good progress in accelerating and replenishing its portfolio in its three core therapeutic areas of oncology; cardiovascular/metabolic disease; and respiratory, inflammation and autoimmune diseases. AstraZeneca’s late-stage pipeline now comprises 11 Phase III programs, almost double the number of programs a year ago, and 27 Phase II programs. The company has also initiated trials for its cancer immunotherapy combination portfolio for which first data readouts are anticipated in 2014/2015.
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