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AstraZeneca may quit London stock market

  • AstraZeneca's chief executive Sir Pascal Soriot is reportedly considering shifting the company's stock market listing from London to the US as of July 2025.
  • This consideration follows years of frustration with the UK's tax regime, NHS drug rebate scheme, and regulatory barriers hindering new medicine approvals.
  • AstraZeneca has already invested more heavily in the US and China, including a $2.5 billion investment and plans for a new R&D center in Beijing.
  • Soriot stated, “Companies will follow where they feel welcome,” highlighting that investment flows to favorable markets, while AstraZeneca's shares fell 17% in the past year before a 2.8% rise.
  • Such a decision would significantly damage the London Stock Exchange and pose a serious threat to the UK's life sciences industry, heightening worries about the nation's ability to remain competitive.
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Axios broke the news in Washington, United States on Tuesday, July 1, 2025.
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