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The Economic Times
The Economic Times
Business

AstraZeneca 'magic' faces rare test after trial failure, share slide

AstraZeneca Astra Pascal Soriot Rajesh Kumar Disease Heart Disease Oncology GSK

London: AstraZeneca's long-time CEO Pascal Soriot has ​rarely put a foot wrong. The company's shares have more that quadrupled in price during his 14-year tenure, soaring above the wider FTSE 100 index and main British rival GSK.

AstraZeneca's huge diversity and number of drugs on the market and success in clinical trials in different therapeutic areas set it apart from peers, giving Soriot the golden touch in the eyes of ‌investors.

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