Bloomberg Talks
Astrazeneca CFO Talks Growth
May 21, 2024
Astrazeneca CFO, Aradhana Sarin, discusses the company's goal to double sales by 2030 and launch 20 new medicines. They explore strategic growth plans in oncology, rare diseases, metabolic disorders, and respiratory issues. The podcast also delves into corporate investments, shareholder returns, drug development strategies, and challenges of geopolitical tensions and supply chain resilience for AstraZeneca.
09:48
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Quick takeaways
- AstraZeneca aims to double sales to $80 billion by 2030, unveiling plans for 20 new medicines in diverse therapeutic areas.
- Strategic investments in advanced manufacturing facilities worldwide position AstraZeneca to revolutionize cancer and autoimmune disease treatments.
Deep dives
AstraZeneca's Ambitious Growth Targets and Medicines Portfolio Expansion
AstraZeneca announced a bold target to nearly double sales to $80 billion by 2030, along with launching 20 new medicines by the end of the decade. Their focus ranges from oncology and rare diseases to medicines for metabolic disorders and respiratory issues. The anticipated growth is not only from existing products but also from the upcoming medicines, showcasing a diverse and innovative pharmaceutical portfolio.
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