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Is This Drugmaker Making the Right Moves, in the Right Places?

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AstraZeneca (NYSE: AZN  ) is commonly recognized as one of the most fragile Big Pharma stocks on the market. While its peers, such as GlaxoSmithKline (NYSE: GSK  ) and Pfizer (NYSE: PFE  ) , have restructured their R&D strategies or spun out divisions, AstraZeneca has only recently started to make changes. Last autumn, the company suspended its share-buyback program in an effort to preserve cash, reshuffled its management team, and today announced its boldest move yet: It's moving its headquarters and shifting focus to three primary R&D sites. In the following video, Motley Fool analyst Max Macaluso discusses why investors should take notice of the company's bold plans.

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Related Tickers

5/17/2013 4:00 PM
PFE $28.96 Down -0.29 -0.99%
Pfizer CAPS Rating: ****
GSK $52.22 Up +0.11 +0.21%
GlaxoSmithKline CAPS Rating: ****
AZN $51.56 Down -0.27 -0.52%
AstraZeneca plc (A… CAPS Rating: ****

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