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Euronews
Euronews
Doloresz Katanich

AstraZeneca quarterly net profit rises 2% on strong cancer drug sales

AstraZeneca Cancer Pascal Soriot

The share price of Cambridge-based pharmaceutical company AstraZeneca rose in European trading on Monday after the company reconfirmed its full-year outlook following second-quarter results that beat analyst expectations.

Net profit climbed more than 2% to $2.51 billion (€2.2bn) in the three months to the end of June compared with the same period last year, driven by continued strong growth in sales of its cancer medicines.

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