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AstraZeneca forecasts growth in 2026 as it builds drug pipeline

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The UK’s most valuable listed company has made major moves to grow in the US and China, its top two markets.

LONDON: AstraZeneca on Tuesday forecast profit and sales growth in 2026, betting on demand for its cancer treatments and newer drugs as it pushes expansion in the US and China.

The outlook comes as longtime CEO Pascal Soriot seeks to steer the company towards its target of US$80 billion in annual sales by 2030 through new medicines and investments, despite shifting US tariff and healthcare policies.

AstraZeneca has made major moves to grow in the US and China, its top two markets, with a US$50 billion US manufacturing deal last year, an NYSE listing and a US$15 billion China investment this year following setbacks in the region.

Tags:AstraZenecaChinaPascal Soriotpharmaceutical companiespharmaceuticalsUKUS tariffs


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