AstraZeneca
AstraZeneca
AstraZeneca (pronounced: /ˌæstrəˈzɛnəkə/) is a British-Swedish multinational pharmaceutical and biopharmaceutical company.
Etymology
The name "AstraZeneca" was coined after the merger of Astra AB and Zeneca Group plc in 1999. "Astra" comes from the Greek word for star, while "Zeneca" is a made up word, derived from Zen (for a complete life) and eca (from "ecac", a word meaning to go forth).
History
Astra AB was a Swedish pharmaceutical company founded in 1913. On the other hand, Zeneca Group plc was a British pharmaceutical company, which was a demerged entity from Imperial Chemical Industries in 1993. The two companies merged in 1999 to form AstraZeneca.
Products and Services
AstraZeneca is involved in the discovery, development, manufacturing, and marketing of prescription medicines. It operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. Some of its well-known products include Nexium, Crestor, and Symbicort.
In 2020, AstraZeneca also co-developed a COVID-19 vaccine known as AZD1222 in collaboration with the University of Oxford.
Related Terms
External links
- Medical encyclopedia article on AstraZeneca
- Wikipedia's article - AstraZeneca
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