Hungary’s top medical school, Semmelweis University and the Hungarian unit of AstraZeneca have signed a strategic partnership agreement.
According to MTI, the agreement concerns the extension of joint research and development activity, joint programs for the treatment and diagnosis of patients and studies of diseases such as diabetes, chronic kidney disease and cardiac failure. AstraZeneca has already cooperated with the university in almost two-thirds of its clinical trials but this percentage could exceed 80 percent as a result of the new partnership, they said. Béla Merkely, the university’s rector, said the results of the joint work are expected to be utilised in patient care. AstraZeneca spends 2 billion forints (EUR 5.57m) a year on R&D activity in Hungary. AstraZeneca Kereskedelmi és Szolgáltató had revenue of more than HUF 15 billion in 2020, including export sales of HUF 2.5 billion.
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