Strong Start to 2025
Total revenue growth was 10% in Q1, with core operating profit increasing by 12%, and core EPS increasing by 21%. The company secured 13 approvals across key regions and reported five positive Phase III results.
Oncology Business Growth
Oncology total revenues grew 13% to $5.6 billion, driven by strong double-digit growth across the U.S., Europe, and emerging markets. Key medicines like Tagrisso and Calquence saw significant volume growth.
Emerging Markets Performance
Ex-China revenues increased by 17%, and growth in China was 5%, driven by innovative medicines and new product launches.
Pipeline and Business Development
Several business development transactions were announced, including the acquisition of EsoBiotec and an investment in a new R&D center in Beijing, China.
Biopharmaceuticals Performance
Biopharmaceuticals revenue reached $5.6 billion, reflecting a growth of 12%. Farxiga revenues exceeded $2 billion for the first time.