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Oncology revenue increases 21%, Farxiga sales reach $1.0 billion, and Alexion medicines contribute $1.7 billion, helping to offset Pulmicort decline of 34%.
May 9, 2022
By: Kristin Brooks
Managing Editor, Contract Pharma
AstraZeneca 1Q Revenues: $11.4 billion (+56%) 1Q Earnings: $388 million (-75%) Comments: Revenue in the quarter reflects growth across the company, the contribution of the Alexion medicines and several Vaxzevria contracts that are expected to complete delivery by 1H22. Products sales include $1.7 billion from medicines acquired with Alexion. Total revenue from Oncology increased 21% to $3.6 billion, including a milestone payment. Product sales from Oncology increased 18%, with Tagrisso s...
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