Boost for AstraZeneca good news for FTSE

Drugs giant AstraZeneca eased the pressure on the FTSE 100 Index today after its anti-cholesterol drug Crestor received a boost from regulators.

Boost for AstraZeneca good news for FTSE
Thu, 03 Mar, 2005 - 11:42

Drugs giant AstraZeneca eased the pressure on the FTSE 100 Index today after its anti-cholesterol drug Crestor received a boost from regulators.

The heavyweight stock soared after America’s Food and Drug Administration ruled that Crestor – one of the key products in its portfolio – did not have a greater risk of side-effects than similar drugs.

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