AstraZeneca SWOT Analysis: Strategic Evaluation and Growth

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Added on  2023/06/15

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This report presents a SWOT analysis of AstraZeneca, a global biopharmaceutical company, examining its internal strengths and weaknesses alongside external opportunities and threats. The analysis identifies AstraZeneca's strengths in pharmaceutical innovation and research, its weaknesses including controversies and research failures, opportunities in emerging markets and healthcare spending, and threats from generic medicines and political uncertainties. The SWOT analysis aims to provide strategic insights for AstraZeneca's development and growth, highlighting key challenges and potential avenues for future success. Desklib provides access to similar solved assignments and study resources for students.
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
SWOT analysis of AstraZeneca.............................................................................................1
CONCLUSION................................................................................................................................3
REFERENCES................................................................................................................................4
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INTRODUCTION
AstraZeneca is an Anglo-Swedish global biopharmaceutical and research organisation
established in the year 1999 and is headquartered at Cambridge, United Kingdom. The report
will cover a description of the organisation’s strengths, weaknesses, opportunities and threats
with the help of SWOT analysis.
MAIN BODY
AstraZeneca is driven and led by scientific research and innovation in its pharmaceutical
sector that is used by millions of people across the globe. With the help of SWOT analysis the
potential threats and opportunities for organisation are being identified along with its strengths
and weaknesses (Нурмагомедова, М. К. And et. al., 2020).
Source: https://www.educba.com/swot-anal
SWOT analysis of AstraZeneca
SWOT analysis is an effective tool that it is used by organisations to identify their
strengths and weaknesses along with upcoming opportunities as well as threats (Meskauskas and
et. al., 2020). SWOT of AstraZeneca is as follows:
Strengths Weaknesses
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AstraZeneca is ranked among the top
innovators in pharmaceutical and
biomedical research that makes it
among the top companies in the
medical sector across the globe.
The company receives high amount of
research and development funds from
government which it invests carefully
that makes AstraZeneca among the
leaders in its industry.
The company holds strong financial
performance across medical sector and
is most favored by the governments
where it operates.
AstraZeneca has approved its drug
manufacturing from various regulatory
bodies across the globe that gives it a
legal support
The company has been through certain
controversies that relates its bad image
among the people (Raboaca and et. al.,
2020).
The company's medicines and drugs
have faced many failures that led to
operational losses for the organization.
AstraZeneca lacks in inspirational
leadership when it is concerned with
the top level management and its
leader.
The investments on research and
development into the pharmaceutical
industry may not have fixed returns.
Frequent changes in the legal structure
of other countries in the tax rates as
well as medical policies had led to legal
dilemmas for the company
Threats Opportunities
The company has threats that it may be
acquired or amalgamated into the
wealthier and bigger companies that are
looking for it for a long time.
The trend of generic medicines has
been felt in the recent years across the
world that main lead to the reduction in
revenues of the AstraZeneca company.
During covid-19 the company has
produced many doses of vaccines that
were having high cost and company
had run out of funds at a time.
The company has witnessed vast
growth opportunities in emerging
market that can be the future drivers for
growth (Treves and et. al., 2020). For
instance, during COVID-19
AstraZeneca has performed exemplary
and had been among the leading
producers of vaccines.
Rising spending off government on
healthcare through its programs such as
Obamacare in Medicare (Agyekum, E.
B., 2020).
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Political uncertainties such as Brexit
may rise and could lead to the potential
damages to the company and its
operations.
The growth of aging population across
the world has led to a significant
opportunity for AstraZeneca to grow.
CONCLUSION
In the above report there had been an analysis of an organisation with the help of SWOT to
identify its strengths, weaknesses, opportunities and threats. The identification of potential
internal strengths and weaknesses of the company would give opportunities for its development
and growth. The report had also been explaining its threats that should be foreseen by a company
to tackle upcoming challenges.
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REFERENCES
Books and Journals
Meskauskas, Z. and et. al., 2020, July. XAI-Based Fuzzy SWOT Maps for Analysis of Complex
Systems. In 2020 IEEE International Conference on Fuzzy Systems (FUZZ-IEEE) (pp. 1-
8). IEEE.
Raboaca, M.S. and et. al., 2020, June. SWOT of renewable energy sources in Romania. In 2020
12th International Conference on Electronics, Computers and Artificial Intelligence
(ECAI) (pp. 1-4). IEEE.
Treves, A. and et. al., 2020. The reintroduction of Castor fiber in Piedmont (Italy): An integrated
SWOT-spatial multicriteria based approach for the analysis of suitability
scenarios. Ecological Indicators, 118. p.106748.
Нурмагомедова, М. К. And et. al., 2020. SWOT-анализ как метод экономического анализа
предприятия. Экономика и предпринимательство, (7). pp.1209-1213.
Agyekum, E. B., 2020. Energy poverty in energy rich Ghana: A SWOT analytical approach for
the development of Ghana’s renewable energy. Sustainable Energy Technologies and
Assessments, 40. p.100760.
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