AstraZeneca Covid jab Vaxzevria sales slide
The group said annual revenue from Covid-19 medicines is anticipated to be broadly flat compared with 2021.
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New Delhi: Covid-vaccine maker AstraZeneca said Friday that profits fell sharply in the first half on ballooning costs linked to its takeover of US biotech firm Alexion.
The pharmaceutical group added that sales of its Covid-19 vaccine Vaxzevria slumped 49 percent in the second quarter.
Net profit slumped 64 percent to $746 million compared with the first six months of last year, AstraZeneca said in a statement.
Read also: AstraZeneca India introduces Chronic Kidney Disease Academy
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