AstraZeneca (AZN LN) CEO says we do not need new deals in weight loss, drug prices in the US will come down but Europe's must rise
Newsquawk Staff ·
AstraZeneca (AZN LN) CEO says we do not need new deals in weight loss, drug prices in the US will come down but Europe's must rise.
What it means
AstraZeneca's CEO indication that the company doesn't seek new deals in weight loss signals confidence in their current pipeline and strategic focus. The comments on drug prices suggest a strategic pivot for the U.S. market while contrasting with the need for higher prices in Europe, potentially impacting AstraZeneca's competitive positioning and profitability across regions.
- US BROKER MOVES: BE upgraded at Barclays; MRVL downgraded at TD Cowen
- Pfizer (PFE) appoints Cecile Guegan as CFO and EVP, effective November 1st
- Newsquawk Daily US Opening News - 3rd November 2026
- [MARKET ANALYSIS] European bourses reverse Monday's gains as disappointing AAPL and PLTR guidance weighs on tech names
- EUROPEAN OPEN: AAPL falls on margin outlook; NVDA tells partners to limit China exposure; BAYN GY raises FY26 EBITDA view; PHIA NA Q3 beat; fuel costs hit LHA GY FY26 EBIT view; Aramco net profit +35%; SHEL LN sells North West Shelf stakes for USD 1.45bln
Related headlines
- European Pre-Market Summary 3rd November 2026: European bourses set for a weak open amidst Iranian diplomacy pushback; BAYN GY reports strong results and lifts guidance5 days ago
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)4 days ago
- Newsquawk Daily US Earnings Estimates - 4th November 2026: CVS, UBER, MCD, QCOM, MCK, ARM4 days ago
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms4 days ago
- Barclays (BARC LN) says it will make early motor finance redress offers in the UK to some customers5 days ago
- Unilever (ULVR LN) intends to make EUR 1bln of productivity savings4 days ago
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)4 days ago
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings4 days ago
- US Midterms Cheat Sheet for Traders4 days ago
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)4 days ago
- Arista Networks Inc. (ANET) Q3 2026 (USD): Adj. EPS 1.20 (exp. 1.08), Revenue 3.66bln (exp. 3.33bln)4 days ago
- Booking Holdings Inc. (BKNG) Q3 2026 (USD): Adj. EPS 4.66 (exp. 4.49), Revenue 8.9bln (exp. 9.55bln)4 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-164 days ago
- Oracle (ORCL) executive VP told Nikkei the Co. has no plans to slow down its investment in Japan, emphasising that the country remains a key market4 days ago
- Ambani’s Jio Platforms held talks to license technology to Comcast (CMCSA) and Charter (CHTR) in exchange for shares, according to sources4 days ago