AstraZeneca boss urges western drugmakers to move at âChinese speedâ | TheBriefWire
AstraZeneca boss urges western drugmakers to move at âChinese speedâ
Published 27 July 2026 ¡ finance
Europe and US risk being outpaced on innovation, as happened in the car industry, warns Pascal Soriot AstraZeneca must operate at âChinese speedâ to ensure
Europe and US risk being outpaced on innovation, as happened in the car industry, warns Pascal Soriot AstraZeneca must operate at âChinese speedâ to ensure it doesnât suffer the fate of the western automotive industry by losing out to more innovative rivals, the drug companyâs boss has said. The FTSE 100 company is watching the rise of Chinaâs pharmaceutical industry closely and collaborating to take drugs to global markets, but its chief executive, Pascal Soriot, said the US and European pharmaceutical sector must focus on increasing the speed of innovation. Continue reading...
Published: July 27, 2026 ⢠5:39 PM IST ¡ Updated: July 27, 2026 ⢠6:08 PM ISTBy TheBriefWire Editorial Team
Key points
Europe and US risk being outpaced on innovation, as happened in the car industry, warns Pascal Soriot AstraZeneca must operate at âChinese speedâ to ensure it doesnât suffer the fate of the western automotive industry by losing out to more innovative rivals, the drug companyâs boss has said.
The FTSE 100 company is watching the rise of Chinaâs pharmaceutical industry closely and collaborating to take drugs to global markets, but its chief executive, Pascal Soriot, said the US and European pharmaceutical sector must focus on increasing the speed of innovation.
The BriefWire