WSJ Tech News Briefing · Monday, July 27, 2026
AstraZeneca's CEO stated the company remains on track to meet its 2030 revenue targets, even after a recent pivotal trial missed a key mark. The CEO explained that the company's projections are adjusted for the expected failure of some drug candidates.
“And AstraZeneca says it's on track to hit its revenue target for 2030 after a pivotal trial missed a demurral mark earlier this month.”
“The CEO of the UK drugmaker says that the company assumes from the outset that some of its drug candidates would fail, and that its target was based on sales forecast adjusted for that risk.”