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The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

AstraZeneca forecasts higher 2022 sales after record revenues

AstraZeneca vaccine vial.
AstraZeneca now plans to move away from its not-for-profit vaccine pricing. Photograph: Morteza Nikoubazl/NurPhoto/Rex/Shutterstock

AstraZeneca forecast higher 2022 sales and lifted its annual dividend for the first time in a decade after record revenues last year, but warned the boost from its Covid-19 products would decline.

The Anglo-Swedish drugmaker said it made almost $4bn (£2.9bn) last year from the Covid jab it developed with Oxford University. It moved away from its not-for-profit pricing in November, when it signed new contracts in Latin America, the Middle East and Asia. The shot, called Vaxzevria, has not yet been approved by the US regulator.

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