Headquartered in Cambridge, United Kingdom, leading pharma company AstraZeneca PLC (AZN) surpassed the analysts’ EPS estimates in the fiscal fourth quarter that ended December 2022. Its total revenue in 2022 rose 19% year-over-year to $44.35 billion, or by 24% at constant currency.
Its growth came from all therapy areas and the addition of Alexion Pharmaceuticals, a US acquisition that was added to AZN accounts in July 2021. These and many other factors position AXN well for delivering solid returns in 2023.
