London (Reuters Health) – AstraZeneca said that he chose

Leif Johansson to lead your directory at a time in

that the pharmaceutical company faces the challenge of a

reduction of income, cuts in employment and review of

drugs in phase of development after a series of setbacks.

Johansson has been President of the leading manufacturer of

from April 2011 and before Ericsson mobile telephony equipment

that was the Executive President of the second manufacturer of the

world of trucks, Volvo AB.

Was also Executive President of the manufacturer of

director and Electrolux home appliances not

Executive of Bristol-Myers Squibb from 1998 to 2011.

AstraZeneca is facing in the next five years to the

loss of exclusivity of many of their medications from

biggest sale and has few alternatives for development.

Anglo-suizo manufacturer is cutting other 7,300

jobs and expected that earnings will fall this year

between 14 and 18 per cent, as they win patents

of key medicines and Governments in Europe and

United States are pushing prices.

AstraZeneca said that Johansson would be proposed as director

non-executive of the company at the annual meeting of shareholders

on April 26, in order to designate it company

as from September 1, non-Executive Chairman when

withdrawal of the current owner Louis Schwitzer.