← Open Interactive Timeline Board

AstraZeneca

Companies/United Kingdom  •  Curated by Admin Timeline.sg

AstraZeneca is a global pharmaceutical company formed by the merger of Astra AB and Zeneca Group in 1999. Key milestones include blockbuster drugs like Prilosec and Crestor, acquisitions of MedImmune and Alexion, and the rapid development of a COVID-19 vaccine in partnership with Oxford University.

Chronological Storyline (31 Milestones)

1913 CE

Astra AB Founded in Sweden

Astra AB is founded in Södertälje, Sweden, initially focusing on local anesthetics. #pharmaceuticals #history )

1948 CE

Astra Launches Xylocaine

Astra introduces Xylocaine (lidocaine), a local anesthetic that becomes a worldwide success. #pharmaceuticals #innovation

Astra Launches Xylocaine
Astra Launches Xylocaine
By Ben Mills - Own work, Public domain, https://commons.wikimedia.org/w/index.php?curid=5750147
1972 CE

Discovery of Omeprazole (Losec)

Astra scientists discover omeprazole, a proton pump inhibitor that later becomes Losec (Prilosec), revolutionizing acid reflux treatment. #pharmaceuticals #research

1988 CE

Losec Launches in Sweden

Astra launches Losec (omeprazole) in Sweden, which quickly becomes the world's best-selling drug. #pharmaceuticals #blockbuster

Jun 1, 1993 CE

Zeneca Group Spun Off from ICI

Imperial Chemical Industries (ICI) spins off its pharmaceuticals and agrochemicals divisions to form Zeneca Group PLC. #mergers #pharmaceuticals

1995 CE

Zeneca Acquires Salick Health Care

Zeneca acquires Salick Health Care, a US-based cancer care provider, to expand oncology presence. #acquisitions #oncology

Apr 6, 1999 CE

Astra and Zeneca Merge to Form AstraZeneca

Astra AB and Zeneca Group merge to create AstraZeneca PLC, a global pharmaceutical powerhouse. #mergers #pharmaceuticals

Astra and Zeneca Merge to Form AstraZeneca
Astra and Zeneca Merge to Form AstraZeneca
By FDV - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=172317275
2000 CE

Launch of Nexium (Esomeprazole)

AstraZeneca launches Nexium, an improved version of Prilosec, which becomes a blockbuster drug for acid reflux. #pharmaceuticals #blockbuster

Launch of Nexium (Esomeprazole)
Launch of Nexium (Esomeprazole)
By Vaccinationist - PubChem, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=41031505
2001 CE

AstraZeneca Acquires KuDOS Pharmaceuticals

AstraZeneca acquires KuDOS Pharmaceuticals, a UK biotech focused on DNA repair inhibitors, boosting oncology pipeline. #acquisitions #oncology

2003 CE

Prilosec Loses Patent Protection

AstraZeneca loses US patent protection for Prilosec, leading to generic competition and revenue decline. #patents #pharmaceuticals

Aug 1, 2005 CE

FDA Approves Crestor (Rosuvastatin)

The US FDA approves Crestor, a statin for cholesterol lowering, which becomes a top-selling drug for AstraZeneca. #pharmaceuticals #approval

FDA Approves Crestor (Rosuvastatin)
FDA Approves Crestor (Rosuvastatin)
By KaiserDog21 - Created with w:ChemDraw Professional and Discovery Studio Visualizer. Edited with w:paint.net., CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=127869705
Jun 1, 2007 CE

AstraZeneca Acquires MedImmune

AstraZeneca completes $15.6 billion acquisition of MedImmune, gaining entry into biologics and vaccines. #acquisitions #biologics

2010 CE

Acquisition of Novexel

AstraZeneca acquires Novexel, a French biotech developing antibiotics, to address antimicrobial resistance. #acquisitions #antibiotics

2011 CE

Acquisition of Spirogen

AstraZeneca acquires Spirogen, a UK biotech specializing in antibody-drug conjugates (ADCs), strengthening cancer therapy. #acquisitions #oncology

Oct 1, 2012 CE

Pascal Soriot Appointed CEO

Pascal Soriot becomes CEO of AstraZeneca, succeeding David Brennan, and leads a major turnaround. #leadership #pharmaceuticals

Pascal Soriot Appointed CEO
Pascal Soriot Appointed CEO
By Virginia Office of the Governor - https://www.flickr.com/photos/gy74/54671066162/, CC BY 4.0, https://commons.wikimedia.org/w/index.php?curid=176528360
Mar 1, 2013 CE

Restructuring and Job Cuts Announced

AstraZeneca announces a major restructuring plan, cutting 2,300 jobs to reduce costs and improve efficiency. #restructuring #pharmaceuticals

May 19, 2014 CE

Pfizer Abandons Takeover Bid

Pfizer attempts a £63 billion hostile takeover of AstraZeneca, which is rejected, and Pfizer ultimately withdraws. #mergers #pharmaceuticals

Nov 1, 2015 CE

FDA Approves Tagrisso (Osimertinib)

The FDA approves Tagrisso for EGFR-mutant non-small cell lung cancer, becoming a key oncology product. #approval #oncology

FDA Approves Tagrisso (Osimertinib)
FDA Approves Tagrisso (Osimertinib)
By Vaccinationist - Own work using: PubChem, Public domain, https://commons.wikimedia.org/w/index.php?curid=44998170
Dec 1, 2015 CE

Acquisition of ZS Pharma

AstraZeneca acquires ZS Pharma for $2.7 billion, adding ZS-9 (sodium zirconium cyclosilicate) for hyperkalemia. #acquisitions #pharmaceuticals

2016 CE

Acquisition of Acerta Pharma Majority Stake

AstraZeneca acquires a majority stake in Acerta Pharma, gaining Calquence (acalabrutinib) for blood cancers. #acquisitions #oncology

May 1, 2017 CE

FDA Approves Imfinzi (Durvalumab)

The FDA approves Imfinzi for bladder cancer, marking AstraZeneca's entry into the immunotherapy market. #approval #immunotherapy

FDA Approves Imfinzi (Durvalumab)
FDA Approves Imfinzi (Durvalumab)
By Fvasconcellos (talk · contribs) - Own work, after PDB 5X8M. More information: (July 2017). "Molecular mechanism of PD-1/PD-L1 blockade via anti-PD-L1 antibodies atezolizumab and durvalumab". Sci Rep 7 (1): 5532. DOI:10.1038/s41598-017-06002-8. PMID 28717238. PMC: 5514103., Public domain, https://commons.wikimedia.org/w/index.php?curid=95837078
2018 CE

AstraZeneca Partners with Daiichi Sankyo on Enhertu

AstraZeneca collaborates with Daiichi Sankyo to develop and market trastuzumab deruxtecan (Enhertu) for HER2-positive cancers. #partnership #oncology

AstraZeneca Partners with Daiichi Sankyo on Enhertu
AstraZeneca Partners with Daiichi Sankyo on Enhertu
By Fvasconcellos (talk · contribs) - Own work., Public domain, https://commons.wikimedia.org/w/index.php?curid=118818726
Apr 1, 2020 CE

COVID-19 Vaccine Development with Oxford University

AstraZeneca partners with the University of Oxford to develop the ChAdOx1 nCoV-19 vaccine (AZD1222). #COVID19 #vaccine

COVID-19 Vaccine Development with Oxford University
COVID-19 Vaccine Development with Oxford University
By Arne Müseler - own work http://www.arne-mueseler.com, CC BY-SA 3.0 de, https://commons.wikimedia.org/w/index.php?curid=100539888
Dec 30, 2020 CE

UK Authorizes AstraZeneca COVID-19 Vaccine

The UK becomes the first country to authorize the AstraZeneca-Oxford COVID-19 vaccine for emergency use. #COVID19 #approval

Jul 21, 2021 CE

Acquisition of Alexion Pharmaceuticals Completed

AstraZeneca completes its $39 billion acquisition of Alexion, gaining rare disease drugs and strengthening immunology. #acquisitions #rare_disease

Acquisition of Alexion Pharmaceuticals Completed
Acquisition of Alexion Pharmaceuticals Completed
By ajay_suresh - Alexion Pharmaceuticals, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=154686224
2021 CE

AstraZeneca COVID-19 Vaccine Reaches Global Milestones

Over 2 billion doses of the AstraZeneca-Oxford vaccine are supplied worldwide at no profit during the pandemic. #COVID19 #global_health

Oct 1, 2022 CE

AstraZeneca Acquires CinCor Pharma

AstraZeneca acquires CinCor Pharma for up to $1.8 billion, adding a hypertension candidate (baxdrostat). #acquisitions #hypertension

Mar 1, 2023 CE

AstraZeneca Acquires Fusion Pharmaceuticals

AstraZeneca acquires Fusion Pharmaceuticals for $2 billion, gaining next-generation radioconjugates for cancer therapy. #acquisitions #oncology

Dec 1, 2023 CE

AstraZeneca Acquires Gracell Biotechnologies

AstraZeneca acquires Gracell Biotechnologies for up to $1.2 billion, gaining cell therapy capabilities for cancer and autoimmune diseases. #acquisitions #cell_therapy

Jun 1, 2024 CE

FDA Approves Enhertu for Multiple Cancers

The FDA approves Enhertu for expanded uses, including HER2-low breast cancer and lung cancer, solidifying AstraZeneca's oncology leadership. #approval #oncology

Sep 1, 2024 CE

AstraZeneca Reaches $100 Billion Market Cap

AstraZeneca becomes the first UK-listed company to reach a $100 billion market capitalization under CEO Pascal Soriot. #financial #growth