Report
Eric Le Berrigaud

ASTRAZENECA: Very bad publicity for AZ (again) with its covid-19 vaccine | CONVICTION BUY | 10500P(+50%)

ASTRAZENECA - CONVICTION BUY | 10500P(+50%)
Very bad publicity for AZ (again) with its covid-19 vaccine

AZ covid-19 vaccine largely suspended in the EU
No evidence of clear safety concern at this point
Questions around the vaccine from day 1
Detrimental to the image of AZ, not much to the investment case
Underlying
AstraZeneca PLC

AstraZeneca is a holding company. Through its subsidiaries, Co. operates as a biopharmaceutical company engaged in discovering, developing, manufacturing and commercializing its pipeline of small molecule and biologic prescription medicines, including targeted business development through collaboration, in-licensing and acquisitions. Co. is focused on three main therapy areas: Oncology, Cardiovascular and Metabolic Diseases, and Respiratory. Co. is also selectively active in autoimmunity, infection and neuroscience. In addition, Co. works across small molecules, oligonucleotides and other drug platforms, as well as biologic medicines.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Eric Le Berrigaud

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