AstraZeneca boss urges western drugmakers to move at ‘Chinese speed’
AstraZeneca CEO Pascal Soriot has warned that Western pharmaceutical companies must accelerate their innovation speed to compete with the rapid advancements seen in China. He cited the decline of the Western automotive industry as a cautionary tale for the drug sector.
Pascal Soriot is AstraZeneca’s chief executive and the highest-paid leader of a FTSE 100 company. Pascal Soriot is AstraZeneca’s chief executive and the highest-paid leader of a FTSE 100 company. AstraZeneca AstraZeneca boss urges western drugmakers to move at ‘Chinese speed’ Europe and US risk being outpaced on innovation, as happened in the car industry, warns Pascal Soriot
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