AstraZeneca (UK)


AstraZeneca
is one of the world's leading pharmaceutical companies, and the #2 British
company in the market behind GlaxoSmithKline.
It has a strong current portfolio which includes 11 products with sales of over $1bn,
led by the gastrointestinal drug Nexium. However the company's future drugs
pipeline was weakened considerably in the early 2000s by patent expiries and the failure of several planned
products. In 2007, the group agreed to acquire US biotechnology developer
MedImmune. Based in the UK,
AstraZeneca's R&D HQ is in Sweden and the company also has a strong presence in the key US market.
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Competitors: see Pharmaceutical
Sector index for other companies


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