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AstraZeneca Covid jab Vaxzevria sales slide
The group said annual revenue from Covid-19 medicines is anticipated to be broadly flat compared with 2021.
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...
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.
Read also: AstraZeneca India introduces Chronic Kidney Disease Academy
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751