We acknowledge the significance of your online privacy and acknowledge that granting us permission to collect some personal information requires a great deal of trust. We seek this consent as it enables Distinct Post to offer a platform that amplifies the voices of the marginalized. By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Distinct PostDistinct Post
Aa
  • Home
  • Israel-Gaza Conflict
  • World
  • Entertainment
  • Style
  • Health
  • Sports
  • Business
  • Royals
Reading: AstraZeneca CEO Pascal Soriot slams reports on his departure as ‘fake news’
Share
Aa
Distinct PostDistinct Post
  • Home
  • Israel-Gaza Conflict
  • World
  • Entertainment
  • Style
  • Health
  • Sports
  • Business
  • Royals
Search
  • Home
  • Israel-Gaza Conflict
  • World
  • Entertainment
  • Style
  • Health
  • Sports
  • Business
  • Royals
Follow US
Distinct Post > Business > AstraZeneca CEO Pascal Soriot slams reports on his departure as ‘fake news’
astrazeneca-ceo-pascal-soriot-slams-reports-on-his-departure-as-fake-news
Business

AstraZeneca CEO Pascal Soriot slams reports on his departure as ‘fake news’

Claire Martin Published October 25, 2023
SHARE

AstraZeneca Plc Chief Executive Officer Pascal Soriot said that reports of his imminent departure are “fake news” and he feels fit enough to spend another five years at the UK drugmaker.

“I read these rumors and I can tell you — there’s nothing further from the truth. This is totally made up. Absolutely made up,” he told Bloomberg in an interview at the European Society for Medical Oncology in Madrid, where Astra is presenting key studies on lung and breast cancer drugs in development.

Soriot said he doesn’t intend to retire any time soon and could even see himself finishing his career at the UK drugmaker.

Earlier this month, UK newspapers reported that Chairman Michel Demare had started looking to find a replacement for Soriot, who has been an influential figure at the drugmaker and credited with transforming its drug pipeline.

Soriot has run Astra since 2012. In recent years, the executive has commuted between the UK and Australia, where his family lives.

Soriot said he has not moved to Australia permanently and spends less than 10 percent of his time there. He wants to keep working, especially at a time when the way cancer is treated is potentially about to be transformed, he said.

Soriot said of the advances in oncology being presented at the conference, “Look at what’s happening today, it’s just incredible. Why would I want to retire at a time when so much is happening in the world of cancer and beyond?”

In 2021 when Astra bought Alexion Pharmaceuticals, Soriot said that board planning was underway for future leadership changes and there was an agreed sequence on retiring between key individuals at the company.

You Might Also Like

China Launches Tianwen-2 Probe for Groundbreaking Asteroid Mission

Bitcoin Hits Record High Amid Growing US Cryptocurrency Regulation Optimism

Apple Music Unveils New ‘Sound Therapy’ Collection Featuring Reimagined Tracks by Top Artists

Strongest Evidence of Life Beyond Earth Found on Planet K2-18b

AI-Powered Travel Planning Takes Over: The Decline of Traditional Travel Agencies

Claire Martin October 25, 2023 October 25, 2023
Popular News
Entertainment

Lynn Yamada Davis, Beloved ‘Cooking with Lynja’ TikTok Sensation, Passes Away at 67

Jake Miller Jake Miller January 12, 2024
Justin Bieber’s absence from public eye sparks concern amid Diddy’s arrest
Iran rejects a G7 call to stop supporting Hamas and Hezbollah 
Following Namibia and Uganda booked their place; Here are the 20 teams for ICC T20 World Cup 2024
Danelo Cavalcante: Escaped Killer Cornered by Dog Cop ‘Yoda’ in Pennsylvania Woods

Categories

  • Market
  • Tech
  • Fitness
  • Food
  • Celebrity
  • Fashion
  • Beauty
  • Football
  • Cricket
  • Entertainment
    • Celebrity
    • Movies
    • Television
  • Style
    • Arts
    • Beauty
    • Fashion
  • Health
    • Fitness
    • Food
  • Sports
    • Baseball
    • Basketball
    • Cricket
    • Football
    • Olympics
  • Business
    • Market
    • Tech
Useful Links
  • About us
  • Privacy policy
  • Term Of Use

2023 © Distinct Post News & Media. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?