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China, AstraZeneca
AstraZeneca talks up US growth as China problems fester
AstraZeneca Plc is increasingly looking to the US for growth as its once fast-expanding China business faces challenges amid a probe that has battered the drugmaker’s share price.
AstraZeneca CEO says detained China chief has a lawyer but 'we have no information'
AstraZeneca's CEO said on Tuesday that the company's China president Leon Wang, who last month was detained by Chinese authorities, has a lawyer he is in touch with, but "we have no information as a company".
AstraZeneca says China has detained a senior executive
The company believes Chinese authorities are probing allegations that two current and two former employees had illegally imported cancer drugs.
Pharma Giant AstraZeneca Says China Chief Detained
Pharmaceutical giant AstraZeneca said that the head of its China operations had been detained, after reports the firm was under investigation for potentially illegal data collection and drug imports.
AstraZeneca's China chief in custody, believes unrelated to insurance probe
AstraZeneca said on Wednesday its China president Leon Wang had been detained by Chinese authorities and, although it did not know the reason, it did not believe it was linked to a large health insurance fraud case involving the company.
AstraZeneca Says Current, Former Executives Involved in China Probe
Two current and two former senior AstraZeneca Plc executives in the group’s China unit are under investigation in a probe into alleged breaches of laws around drug importation and data privacy, the company said.
AstraZeneca chief says group takes China probe ‘very seriously’
AstraZeneca chief executive Pascal Soriot said the company took the detention of its China president “very seriously”, as the drugmaker raised its guidance for a second straight quarter on the back of strong sales of cancer medicines.
AstraZeneca says detained China head has lawyer, but company still in dark
AstraZeneca's China president Leon Wang, who was detained last month by Chinese authorities, is in touch with a lawyer but the company has very little information about the case, its CEO said on Tuesday.
Pharma Giant AstraZeneca Takes China Probes 'Very Seriously'
British pharmaceutical giant AstraZeneca on Tuesday said it takes "very seriously" China's investigations into potential illegal data collection and drug imports by the group that caused the detention of its China boss.
AstraZeneca Raises Outlook on Earnings
AstraZeneca Dodges China Questions While Raising 2024 Outlook With Strong Q3 Sales
The U.K. drugmaker also announced plans to drop another $2 billion on expanding its R&D and manufacturing footprint in the “important” U.S. market.
AstraZeneca Raises Outlook on Earnings, Sales Beat
The pharmaceutical giant raised its full-year guidance after third-quarter revenue and core earnings per share topped analysts’ expectations.
Strong results for AstraZeneca as 2024 earnings forecast rises
Profits have risen at British pharmaceutical company AstraZeneca, leading to an improved forecast for the year as a whole. The multinational reported third-quarter profit of $1.43 billion compared to $1.
FiercePharma
1d
AstraZeneca CEO defends corporate oversight, $80B revenue target amid China probes
Despite
China
’s investigations into insurance fraud, allegedly illegal importation of unapproved drugs and improper ...
BioSpace
5d
AstraZeneca’s China Head Taken Into Custody by Chinese Authorities: Reports
While it remains unclear why AstraZeneca China President Leon Wang has been detained, news of his arrest comes just days ...
Benzinga.com
1d
AstraZeneca Lifts 2024 Forecast On Better Than Expected Q3 Performance, Says It Takes China Investigations 'Very Seriously'
Guidance: For fiscal year 2024,
AstraZeneca
forecasts total revenue and core EPS to increase by a high-teens percentage, ...
Wall Street Journal
7d
China Has Detained a Senior AstraZeneca Executive
Leon Wang, executive vice president in charge of
China
and the broader Asian region, is being detained while the Chinese government is probing
AstraZeneca
employees, the company said Wednesday.
Bloomberg L.P.
1d
Astra CEO Says ‘Several Companies’ Affected by China Problems
AstraZeneca
Plc isn’t the only health-care company facing compliance questions in
China
as concern continued to swirl ...
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