S&P has cut AstraZeneca's (AZN +0.1%) credit outlook to negative as the company's plan to...


S&P has cut AstraZeneca's (AZN +0.1%) credit outlook to negative as the company's plan to arrest falling revenues failed to impress. According to S&P, the loss of patent protection on key products will erode the company's top line by 9% in 2013, which could in turn cause AZN's funds from operations to net debt ratio to fall below the minimum level for AA-. 

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