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AstraZeneca succession sickness demands urgent fix

Can a CEO be worth $9 billion? Without a clear succession plan, investors should prepare for further swings. Today AstraZeneca’s shares are worth nearly twice that amount, and the group has thrived thanks to blockbusters like breast cancer treatment Lynparza, and bold M&A, such as the $39 billion purchase of rare disease specialist Alexion in the middle of the pandemic. ....

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