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AstraZeneca

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AstraZeneca PLC

<tr><td colspan="2" style="text-align:center; padding:16px 0 16px 0;">190px</td></tr>

Type Public (LSE: AZN, NYSE: AZN) and OMX: AZN
Founded 6 April 1999 by merger
Headquarters Corporate HQ in London, England
R&D HQ in Södertälje, Sweden
NorthAmerica HQ in Wilmington, DE

<tr><th style="text-align:right; padding-right:0.75em;">Key people</th><td>David Brennan CEO
Louis Schweitzer Chairman
Jonathan Symonds CFO
John Patterson Director, Drug Development
Jan Lundberg Exec. VP, Discovery Research</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Industry</th><td>Pharmaceutical</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Products</th><td>Pharmaceutical products for humans</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Revenue</th><td>$23.95 billion (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Operating income</th><td>$6.5 billion (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Employees</th><td>>65,000 (2005)</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Slogan</th><td>Life inspiring ideas.</td></tr><tr><th style="text-align:right; padding-right:0.75em;">Website</th><td>www.astrazeneca.com</td></tr>

AstraZeneca PLC[1] (LSE: AZN, NYSE: AZN), is a large Anglo-Swedish pharmaceutical company formed on 6 April 1999 by the merger of Swedish Astra AB and British Zeneca Group. AstraZeneca develops, manufactures, and sells pharmaceuticals to treat disorders in the gastrointestinal, cardiac and vascular, neurological and psychiatric, infection, respiratory, pathological inflammation and oncology areas.

Sales in 2005 totalled $23.95 billion, with a profit before tax of $6.5 billion. Total R&D spending was $3.4 billion. The corporate headquarters are in London, UK, the research and development (R&D) headquarters are in Södertälje, Sweden. Major R&D centres are located on three continents in the United States, United Kingdom, Sweden, and India.

The current chief executive of AstraZeneca is David Brennan.[2] He replaced Sir Tom McKillop on January 1, 2006.

Contents

[edit] Corporate structure

Current members of the board of directors of AstraZeneca are: Peter Bonfield, David Brennan, John Buchanan, Jane E. Henney, Michele Hooper, Joe Jimenez, Håkan Mogren, Erna Möller, Professor Dame Nancy Rothwell, John Varley, John Patterson, Louis Schweitzer, Jonathan Symonds, and Marcus Wallenberg.

[edit] Merger and acquisition activity

AstraZeneca has, following a collaborative relationship begun in 2004,<ref>Press release, 22 November 2004</ref> commenced the acquisition of Cambridge Antibody Technology (CAT).<ref>May 15, 2006 MarketWatch report</ref> The company is currently in the final stages of exercising compulsory acquisition options against outstanding CAT shares.<ref>Press release, 7 July 2006</ref>

[edit] Collaborations and alliances

[edit] Diversity

In the US, AstraZeneca is one of the 100 Best Companies for Working Mothers in 2004 according to Working Mothers magazine.[3]

[edit] AstraZeneca and Breast Cancer

AstraZeneca is the major sponsor for Breast Cancer Awareness Month which focuses on early detection and treatment[4]. AstraZeneca is also a leading producer of breast cancer treatment drugs like Tamoxifen and Arimidex

[edit] Major products

AstraZeneca specialises in prescription medicines to fight disease in the several therapeutic areas. Year-on sales information can be found through AstraZeneca annual reports. The following is a list of key products as found on the AstraZeneca website, retrieved 2005-03-27.

[edit] See also

[edit] References

  1.   standard practice is that the name be pronounced as "Astra Zeneca" rather than "Astrazeneca".
  2.   AstraZeneca PLC (July 28, 2005). The Board of AstraZeneca PLC announces the appointment of David R Brennan as Chief Executive with effect from 1 January 2006 upon the retirement at that time of Sir Tom McKillop. Press release.
  3.   AstraZeneca Profile. Verified availability February 3, 2006.
  4.   Gladwell, Malcolm (October 25, 2004). "High Prices: How to think about prescription drugs". The New Yorker. Verified availability August 5, 2005.

[edit] Notes

<References/>

[edit] External links

OMX Stockholm 30 companies of Sweden

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