The office building of biopharmaceutical company AstraZeneca is being seen in Shanghai, China, on May 23, 2024. AstraZeneca 's China president is under investigation and is cooperating with Chinese authorities, the company said on Wednesday, sending shares down as much as 5.3%. When asked about Wang's whereabouts, a company spokesperson only reiterated that the executive was under investigation. In a statement, the drugmaker said its Chinese operations were "under the leadership of the current general manager of AstraZeneca China," without providing further details. AstraZeneca shares were down 5.2% at 1352 GMT.

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Persons: Leon Wang Organizations: AstraZeneca Locations: Shanghai, China, drugmakers, United States, AstraZeneca China