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New CEO has work cut out as AstraZeneca sales fall

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AstraZeneca Chief Executive Pascal Soriot poses for a photograph in this undated handout photograph released in London October 24, 2012. AstraZeneca's new chief executive, Pascal Soriot, has his work cut out to turn around Britain's second-biggest drugmaker, which is struggling with a slump in medicine sales as patents expire. REUTERS/AstraZeneca/Handout

AstraZeneca Chief Executive Pascal Soriot poses for a photograph in this undated handout photograph released in London October 24, 2012. AstraZeneca's new chief executive, Pascal Soriot, has his work cut out to turn around Britain's second-biggest drugmaker, which is struggling with a slump in medicine sales as patents expire. REUTERS/AstraZeneca/Handout
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Pascal Soriot, the CEO of AstraZeneca, is seen posing for the photographer in this undated handout photograph received in London on October 25, 2012. AstraZeneca's sales slumped 19 percent in the third quarter, underscoring the scale of the challenge confronting the drugmaker's new chief executive, Pascal Soriot. REUTERS/AstraZeneca/Handout

Pascal Soriot, the CEO of AstraZeneca, is seen posing for the photographer in this undated handout photograph received in London on October 25, 2012. AstraZeneca's sales slumped 19 percent in the third quarter, underscoring the scale of the challenge confronting the drugmaker's new chief executive, Pascal Soriot. REUTERS/AstraZeneca/Handout
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