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AstraZeneca and Avillion’s PT027 albuterol, budesonide rescue inhaler shows significant reduction in risk of severe exacerbation in patients with moderate to severe asthma in Phase 3 trial; asthma affects 25 million in US, 339 worldwide

Biotech Pulse: FDA approves earlier use of Enhertu from AstraZeneca, Daiichi for adults with metastatic breast cancer; AstraZeneca reports Farxiga hits goal in heart failure patients, and Ultomiris significantly reduces relapse of autoimmune disease

COVID-19 vaccine makers prepare for smaller booster vaccine market as demand for first shots falls; global booster shot market, including people over 50, adults with health risk factors or who work in high-risk occupations, estimated at 1.7 billion people

AstraZeneca reports Q1 net profit down 75% from a year ago to US$388.0M, with revenue up 56% year-over-year to US$11.4B; revenue increase driven by US$1.1B sales in Q1 of COVID-19 vaccine Vaxzevria, oncology business growth, acquisition of US Alexion

AstraZeneca building 570,000 square-foot, purpose-built R&D center in Cambridge, Massachusetts, to be completed in 2026; facility will house Alexion corporate headquarters, with Alexion’s R&D center of excellence remaining in New Haven, Connecticut

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