AstraZeneca Lifts Revenue Guidance on COVID-19 Treatment

AstraZeneca Lifts Revenue Guidance on COVID-19 Treatment
The logo for AstraZeneca outside its North America headquarters in Wilmington, Del., on March 22, 2021. Rachel Wisniewski/Global Business Week Ahead/Reuters
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AstraZeneca said it expected prescriptions of its COVID-19 therapy to drive sales growth of more than 20 percent this year, as company reported second-quarter profit that topped analyst estimates.

The injection, called Evusheld, which is designed to protect against COVID-19 infection for at least six months, has been deployed in many countries for people with compromised immune systems who see little or no benefit from vaccines.