AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

 12,376.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 12,630.00
  • 52 Week Low: 9,501.00
  • Currency: UK Pounds
  • Shares Issued: 1,550.26m
  • Volume: 0
  • Market Cap: £191,860m
  • RiskGrade: 123

AstraZeneca gets US approval for breast cancer treatment

By Josh White

Date: Monday 08 Aug 2022

LONDON (ShareCast) - (Sharecast News) - AstraZeneca's breast cancer treatment candidate 'Enhertu', or trastuzumab deruxtecan, has been approved in the United States, it announced on Monday.
The FTSE 100 pharmaceutical giant said the drug had been approved by the Food and Drug Administration for adults with "unresectable or metastatic HER2-low breast cancer", who had received a previous metastatic chemotherapy or had a recurrence of their cancer during or within six months of an adjuvant chemotherapy.

Enhertu is a "specifically engineered" antibody drug that was being jointly developed by AstraZeneca and Daiichi Sankyo.

The approval was based on results from the 'DESTINY-Breast04' phase 3 trial, in which Enhertu reduced the risk of disease progression or death by 50% versus physician's choice of chemotherapy.

A median overall survival of 23.4 months was seen in patients treated with Enhertu versus 16.8 months in those treated with chemotherapy - a 36% reduction in the risk of death.

"The rapid approval of Enhertu in HER2-low metastatic breast cancer by the FDA underscores the urgency to bring this transformational medicine to patients as quickly as possible," said Dave Fredrickson, executive-vice president of AstraZeneca's oncology business unit.

"Patients with HER2-low tumours, who are identified through existing HER2 testing methods, will now have the opportunity to be treated based upon their HER2 status."

At 0933 BST, shares in AstraZeneca were down 0.7% at 10,790p.

Reporting by Josh White at Sharecast.com.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AstraZeneca Market Data

Currency UK Pounds
Share Price 12,376.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 12,630.00
52 Week Low 9,501.00
Volume 0
Shares Issued 1,550.26m
Market Cap £191,860m
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.5% below the market average92.5% below the market average92.5% below the market average92.5% below the market average92.5% below the market average
92.16% below the sector average92.16% below the sector average92.16% below the sector average92.16% below the sector average92.16% below the sector average
Price Trend
69.12% above the market average69.12% above the market average69.12% above the market average69.12% above the market average69.12% above the market average
84.91% above the sector average84.91% above the sector average84.91% above the sector average84.91% above the sector average84.91% above the sector average
Income
92.45% below the market average92.45% below the market average92.45% below the market average92.45% below the market average92.45% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
82.70% above the market average82.70% above the market average82.70% above the market average82.70% above the market average82.70% above the market average
94.29% above the sector average94.29% above the sector average94.29% above the sector average94.29% above the sector average94.29% above the sector average

What The Brokers Say

Strong Buy 9
Buy 16
Neutral 5
Sell 0
Strong Sell 1
Total 31
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AstraZeneca Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 22-Feb-24 10-Aug-23
Paid 25-Mar-24 11-Sep-23
Amount 197.00¢ 93.00¢

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

AstraZeneca Key Personnel

Chair Michel Demare

Top of Page