AstraZeneca's sales increase strongly in 2001
AstraZeneca sales grew strongly last year to US$16.5bn (€18.81bn), up 8% on the previous year, thanks to a good performance in the first and fourth quarters. Operating profit was 6% higher at $4.16bn (€4.74bn). Sales to Japan rose particularly sharply: up 16% to $851m (€970m).
With the exception of the gastro-intestinal sector, all therapeutic areas registered significant increases, accelerating particularly in the second half of the year. Although GI sales rose by only 2% worldwide, Nexium sales grew steadily in European markets and went up by an overall 10% outside the US. Cardiovascular sales were 6% higher at $3.54bn (€4.03bn), up 8% in the US and 4% in the rest of the world, with sharp rises in particular for Atacand and Seloken/Toprol-XL.
Sales of respiratory drugs were 17% higher at $1.56bn (€1.78bn), boosted by strong performances from Plumicort and Symbicort. In particular Symbicort has taken off rapidly in Europe and now enjoys almost 20% share of the fixed combination market in the 13 countries where it has been launched. Oncology sales rose by 16% to $2.15bn (€2.45bn) and CNS by 48% to $999m (€1.14bn).
According to ceo Tom McKillop, the company is reshaping its portfolio with the aim of replacing sales that may be lost to generic competition in the near future. 'The transformation will be largely complete by the end of 2003,' he said. 'The real fruits of our efforts will show in 2004.'