Report
Damien Conover
EUR 147.86 For Business Accounts Only

Despite an improving pipeline, AstraZeneca still faces headwinds with its massive patent losses.

Bristol released new Opdivo data at the European Society of Medical Oncology, or ESMO, annual meeting, which will likely lead to lost ground in the largest immuno-oncology indication of first-line non-small cell lung cancer, but Opdivo remains in a solid position with several other cancer indications, and we don’t expect any major changes to our $71 fair value estimate. Further, while Merck’s Keytruda benefits from the Opdivo setback, we had already forecast robust Keytruda sales, and we don’t e...
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
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Damien Conover

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