AstraZeneca Q1 Earnings Rise, But China Drug Allegations May Lead To $8 Million Penalty
1. AZN's Q1 2025 sales reached $13.59 billion, missing estimates slightly. 2. Oncology saw a strong revenue increase of 10%, totaling $5.64 billion. 3. EMA recommended Calquence for chronic leukemia, boosting future sales prospects. 4. Concerns over $1.6 million tax allegations in China could impact operations. 5. AZN forecasts high single-digit revenue growth for FY 2025.