First Pharmaceuticals R&D Presentation - Details

AstraZeneca PLC 6 December 1999 ASTRAZENECA'S FIRST PHARMACEUTICALS R&D PRESENTATION HIGHLIGHTS - AstraZeneca has a significant number of key new products in late development or awaiting registration covering cancer, cardiovascular (two products), gastrointestinal and respiratory diseases. - 159 projects, including 57 new compounds, are in AstraZeneca's R&D pipeline. - R&D targets aim to deliver more than 15 candidate drugs per year by 2003 into development, contributing to doubling the future value of the portfolio every five years. - AstraZeneca today announces (December 6) submission to the US Food and Drug Administration of a New Drug Application for Nexium - the brand name of the second generation of Proton Pump Inhibitor, which will extend the company's gastrointestinal franchise. Clinical data show that Nexium has set a new therapy standard with significant clinical benefits over Losec. The first launch in Europe is expected in the second half of 2000. - Phase II trials data for AstraZeneca's ZD4522 superstatin confirms better lipid lowering efficacy than any existing product and tolerability equivalent to the best in the class. - Phase III studies have started on AstraZeneca's compound H376/95 (an oral thrombin inhibitor), potentially the first advance in more than 50 years in thrombosis treatment - a product to supersede warfarin that will not require frequent monitoring. - Iressa, AstraZeneca's new cancer treatment, shows promise in Phase II trials and is included in 15 promising cancer products in pre-clinical and clinical investigation. The company has novel approaches including anti-proliferatives, anti-angiogenics and inhibitors of cancer invasion in development. - Phase III trials of Viozan for Chronic Obstructive Pulmonary Disease (COPD) have started. Together with other opportunities within the Respiratory area such as Symbicort and Oxis, AstraZeneca now has the opportunity to offer all current modalities for asthma and an exciting extension into COPD. - Novel approaches to the treatment of pain, including strong analgesics without opioid side effects, will be added to a world leading position in anaesthesia to build global leadership in pain control. - In addition to Seroquel for schizophrenia and Zomig for migraine, the Central Nervous System area will be broadened with a series of new approaches for acute treatment of stroke added to new compounds for the treatment of depression and anxiety. Dr Tom McKillop, Chief Executive of AstraZeneca said 'We have transformed AstraZeneca into a focused pharmaceutical company. We are opportunity rich and have the determination and resources to bring these successfully to the market.' A list of compounds in AstraZeneca's R&D portfolio will follow. The full Press release issued today to coincide with the R&D presentation to financial analysts is available on www.astrazeneca.com under 'Financials'. 6 December 1999 Further Enquiries: Media: Steve Brown, tel +44 171 304 5033 Lucy Williams, tel +44 171 304 5034 Mikael Widell, tel +44 171 304 5030 Investor Relations: Michael Olsson, tel +44 171 304 5087 Elizabeth Sutton, tel +44 171 304 5101 Ed Seage, tel +1 302 886 4065 Jorgen Winroth, tel +1 609 896 4148

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