AstraZeneca Sees 2022 Growth, but Covid Boost to Drop

Reuters2022-02-10

Feb 10 (Reuters) - AstraZeneca on Thursday forecast higher 2022 sales after the drugmaker posted better-than-expected fourth-quarter profit as it gets a lift from its COVID-19 antibody treatment.

The drugmaker, however, like rival GSK , warned that its gross profit margin from coronavirus products is expected to be lower than the company average for this year, while sales are expected to decline by a low-to-mid twenties percentage.

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Comments

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    2022-02-10
    Bull1973
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    2022-02-10
    Bull1973
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  • ZenInv
    2022-02-10
    ZenInv
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    2022-02-10
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    2022-02-10
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    2022-02-10
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