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AstraZeneca: Unsung Hero in the Fight Against COVID-19?

Business Acumen

AstraZeneca had little experience in the world of vaccinations, but when the coronavirus pandemic started ravaging nations around the world, the company best known for its oncology medicines, took action. Partnering with experts at the University of Oxford’s Jenner Institute, AstraZeneca pledged to play a primary role in vaccinating the world by producing billions of doses, all while agreeing to make no profit on the vaccine until the pandemic is over.

Since then, AstraZeneca has taken some punches, and gone through high’s and low’s in their COVID-19 vaccine roll out. But, AstraZeneca’s CEO, Pascal Soriot is choosing to look at the positives saying, “At the end of the day, we can look at this as the glass half empty or the glass half full.” He pointed out that AstraZeneca is slated to vaccinate 300 million people in India by this summer, and is still the second largest vaccine supplier to Europe. Estimates are that the AZ vaccine has saved 10,500 lives in t