Stock of the Week: AstraZeneca

Britain's second largest company is now part of a global tug-of-war over coronavirus vaccines, but analysts say it's got much more to offer than life-saving jabs

James Gard 12 March, 2021 | 11:21AM
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Stock of the Week

Our stock of the week featured four FTSE 100 companies that are ranked highly for gender diversity, and vaccine pioneer AstraZeneca (AZN) has come out on top, as voted for by our Twitter followers.

AstraZeneca was one of the first global pharmaceutical companies to bring out a workable coronavirus vaccine, a development that changed the narrative on how the world plans to exit from the pandemic. The Oxford-AstraZeneca vaccine, as it’s known, has already been given to more than 11 million British people and is central to the UK Government’s plans to leave lockdown. This cause for optimism has been clouded in recent weeks by concerns over side effects and the politicisation of the vaccine rollout. Some European countries temporarily suspended the rollout of the Astra jab, with Germany only just approving the vaccine for use in the over-65s, while Italy blocked a shipment of vaccines to Australia.

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James Gard  is content editor for Morningstar.co.uk

 

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