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Close-up of various COVID-19 vaccine vials, including AstraZeneca and Comirnaty. from Stockmark.it

Pharmaceutical1 year ago

AstraZeneca, one of the world's leading pharmaceutical companies, experienced a significant setback on Tuesday as its stock price plummeted, wiping out £15 billion in market value. This dramatic drop was triggered by a combination of disappointing early data on its weight loss drug candidate and reports of a major fraud case involving company executives in China. Let's delve into the details of these developments and their potential implications for AstraZeneca's future.

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