Thursday, February 27, 2014

The Motley Fool: AstraZeneca PLC's Renovation Plan Fully Underway

Once a floundering big pharma with looming patent cliffs and a pitiful pipeline, CEO Pascal Soriot has remade AstraZeneca (NYSE: AZN  ) in a relatively short period of time. Patent cliffs are still likely to compress revenue for the next year, but AstraZeneca now boasts an appealing pipeline targeting a host of therapeutic classes, including an immuno-oncology pipeline that holds up pretty well to comparisons with Bristol-Myers (NYSE: BMY  ) , Merck (NYSE: MRK  ) , and Roche (NASDAQOTH: RHHBY  ) (Mr. Soriot's former employer).

Please continue here:
AstraZeneca PLC's Renovation Plan Fully Underway

No comments: