Pharmaceutical company AstraZeneca is planning to increase its total revenue by 75% and release 20 new medicines by 2030, including cancer treatments.
Pharmaceutical company AstraZeneca on Tuesday said it planned to increase its total revenue to $80 billion by 2030 — up 75% from $45.8 billion in 2023.
"Many of them have the potential to be $5 billion drugs," Aradhana Sarin, AstraZeneca's chief financial officer told CNBC.on Tuesday said it planned to increase its total revenue to $80 billion by 2030 — up 75% from $45.8 billion in 2023. AstraZeneca will focus on its oncology, biopharmaceuticals and rare diseases businesses and expects to release an additional 20 medicines in the next six years.
"For the entire market to get replaced it will take time, but we think we have the technology today to start replacing them," Sarin told CNBC."That's the new technology which will replace chemotherapy. That is very complex manufacturing, which is why you need an end-to-end which is why we decided to make this investment in Singapore," Sarin said. Investments have also been made at other AstraZeneca sites, she added.
Novo Nordisk A/S Astrazeneca PLC Business Health Care Industry Daiichi Sankyo Co Ltd Amgen Inc Pfizer Inc Eli Lilly And Co Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OTC hearing aid sale discounts 15 models, from just $80Crutchfield has a big sale on OTC hearing aids with many popular brands heavily discounted. Here's what we recommend.
Read more »
Aurora finalizes disputed $80 million farm purchase as it seeks more water for growing populationThe legality of Aurora’s $80 million purchase of a farm and its water rights is disputed by leaders in southeastern Colorado, who say the deal violates a two decade-old agreement to stop the …
Read more »
Get $80 off Razer’s Edge gaming tablet and Kishi V2 Pro controllerGet the best possible Android gaming experience with the Razer Edge gaming tablet and Kishi V2 Pro controller. The bundle is on sale from Walmart at $80 off.
Read more »
Newest Beats earbuds are just $80, but there’s a catchThe newest Beats Solo Buds wireless earbuds are also the brand's most affordable yet. But did Beats get rid of too many features?
Read more »
Beats announces Solo Buds, $80 wireless earbuds with 18-hour battery lifeBilly has been covering audio for a decade, with hundreds of headphone, soundbar, speaker and gear reviews during that time. After beginning his career in tech journalism as a news freelancer at Engadget in 2011, he progressed to a full-time member of the news desk in 2013.
Read more »
Crude Oil recedes post-Fed, WTI tumbles below $80West Texas Intermediate (WTI) US Crude Oil fell below $80.00 per barrel on Wednesday as US Crude Oil supply continues to overwhelm demand, and the US Federal Reserve (Fed) remains hobbled on the path forward toward rate cuts.
Read more »