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Will AstraZeneca's headache continue?

The pharma giant has a tough year ahead after losing patent protection on major drug
Thursday 20 Apr 2017 Author: Lisa-Marie Janes
Week Ahead

Thursday 27 April

Investors are already forewarned of a tough 2017 for pharmaceutical business  AstraZeneca (AZN) after guidance in February for a low to mid-single digit sales decline.

We believe investors will want an update on cholesterol treatment Crestor in its trading update on 27 April after a 13% drop in sales following patent expiry.

The market will also be looking for clarity on which new drugs it will bring to market to replenish its portfolio.

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20 Apr 2017

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