AstraZeneca is a British – Swedish leading pharmaceutical and biologics corporation that is well-known for the discovery and development of a lot of vital medications. It has a portfolio of medical products for major disease areas such as cancer, neuroscience, cardiovascular and many others.

The company was founded in 1999 and since then it has grown vastly and has enjoyed the success of being the seventh largest pharmaceutical company in the world.

History

AstraZeneca was created by merging two major companies together. One of the companies was Astra AB and was founded by doctors and apothecaries in 1913 in Sodertalje, Sweden. This company operated internationally and was primarily focused on developing resources on four main healthcare groups: gastrointestinal, cardiovascular, respiratory and pain control.

The second company was officially established in 1993 and was called Zeneca Group PLC. Similarly to Astra AB, they also worked with cardiovascular and respiratory healthcare groups but they also specialised in researching and developing medical fields such as central nervous system, anaesthesia, and cancer.

By merging these two similar science-based firms, together they created one profound company which shares their vision of pharmaceutical industry.

Operations

AstraZeneca produces and commercialises pharmaceutical biotechnology products to treat disorders in many medical areas. Its corporate headquarters are situated in London, United Kingdom, whereas its research and development headquarters are located in Sodertalje, Sweden.

They have special ways to provide their employees with a culture in which they feel fulfilled, energized and often rewarded for their contribution to the company. They strive for quality and trust, and make sure to deliver value to people who pay for healthcare.

Vision

As AstraZeneca continues to maintain its place among the world’s largest pharmaceutical companies, it is worthy to mention what motivates them to strive through this success.

Their aim is to become a global biopharmaceutical business and to deliver medicine of great quality through innovative science. They also aim to reach excellence in their industry, as well as in development of medicine and commercialisation.

Key roles and facts

AstraZeneca is a global, innovation-driven biopharmaceutical organisation which specialises in prescription medicines. These medicines help to fight diseases in several medical fields. The company is primarily focused on the treatment of metabolic, respiratory, oncology, cardiovascular and infection diseases.

It has many employees in Europe, the United States of America and Asia. As a multinational, global biopharmaceutical company, AstraZeneca has a key role to experiment with medicines that make a real difference.

They basically apply their innovation to making a difference for the communities that they serve. In more detail, they deliver economic benefits for healthcare systems, contribute to their local communities, broaden the potential for successful innovation as well as improve the quality of life for people.