AstraZeneca

AstraZeneca.svg

AstraZeneca plc[4] is an Anglo–Swedish multinational pharmaceutical and biopharmaceutical company. In 2013, it moved its headquarters to Cambridge, UK, and concentrated its R&D in three sites: Cambridge; Gaithersburg, Maryland, USA (location of MedImmune) for work on biopharmaceuticals; and Mölndal (near Gothenburg) in Sweden, for research on traditional chemical drugs.[5] AstraZeneca has a portfolio of products for major disease areas including cancer, cardiovascular, gastrointestinal, infection, neuroscience, respiratory and inflammation.[6]

The company was founded in 1999 through the merger of the Swedish Astra AB and the English Zeneca Group[7][8] (itself formed by the demerger of the pharmaceutical operations of Imperial Chemical Industries in 1993). Since the merger it has been among the world's largest pharmaceutical companies and has made numerous corporate acquisitions, including Cambridge Antibody Technology (in 2006), MedImmune (in 2007), Spirogen (in 2013) and Definiens (by MedImmune in 2014).

AstraZeneca has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the New York Stock Exchange and the OMX exchange.

Astra AB was founded in 1913 in Södertälje, Sweden, by 400 doctors and apothecaries.[9] In 1993 the British chemicals company ICI demerged its pharmaceuticals businesses and its agrochemicals and specialities businesses, to form Zeneca Group plc.[10] Finally, in 1999 Astra and Zeneca Group merged to form AstraZeneca plc, with its headquarters in London.[10] In 1999, AstraZeneca identified as a new location for the company's US base the "Fairfax-plus" site in North Wilmington, Delaware.[11]

In 2002, its drug Iressa was approved in Japan as monotherapy for non-small cell lung cancer.[12] On 3 January 2004 Dr Robert Nolan, a former director of AstraZeneca, formed the management team of ZI Medical.[13]

In 2005, the company acquired KuDOS Pharmaceuticals, a UK biotech company, for £120m[14] and entered into an anti-cancer collaboration agreement with Astex.[15] It also announced that it had become a Diamond Member of the Pennsylvania Bio commerce organisation.[16]

In 2006, following a collaborative relationship begun in 2004, AstraZeneca acquired Cambridge Antibody Technology for £702 million.[17]

This page was last edited on 17 April 2018, at 11:44.
Reference: https://en.wikipedia.org/wiki/AstraZeneca under CC BY-SA license.

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