AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

11,042.00p
   
  • Change Today:
    -164.00p
  • 52 Week High: 13,276.00p
  • 52 Week Low: 9,501.00p
  • Currency: UK Pounds
  • Shares Issued: 1,550.29m
  • Volume: 2,329,887
  • Market Cap: £171,184m
  • RiskGrade: 123

FDA committee votes in favour of AstraZeneca asthma candidate

By Josh White

Date: Wednesday 09 Nov 2022

LONDON (ShareCast) - (Sharecast News) - AstraZeneca announced on Wednesday that a US Food and Drug Administration (FDA) committee has voted in favour of an adult asthma treatment.
The FTSE 100 pharmaceuticals giant said the Pulmonary-Allergy Drugs Advisory Committee (PADAC) voted that data supported a "favourable" benefit-risk assessment for the use of PT027, or albuterol-budesonide, for the treatment of asthma in people aged 18 years and older.

In adolescents aged 12 to 17 years, the committee voted nine-to-eight that the data did not support a favourable benefit-risk assessment, and in children aged four-to-11 years, it voted 16-to-one that the data did not support a favourable assessment for the use of PT027.

It described PT027 as a potential first-in-class, pressurised metered-dose inhaler fixed-dose combination rescue medication containing albuterol, a short-acting beta2-agonist, and budesonide, an anti-inflammatory inhaled corticosteroid.

The treatment was being developed by AstraZeneca and Avillion.

In the first half of 2022, the FDA accepted the new drug application (NDA) for PT027, and set a Prescription Drug User Fee Act date for the first half of 2023.

"We are pleased that the Pulmonary-Allergy Drugs Advisory Committee has recognised the potential for PT027 to deliver important benefits for people with asthma, as a first-in-class treatment option in the US," said Mene Pangalos, executive vice-president of biopharmaceuticals research and development.

"We look forward to working with our partner Avillion and the FDA to progress the application and discuss next steps, including for adolescents and children."

At 1008 GMT, shares in AstraZeneca were up 0.54% at 10,718p.

Reporting by Josh White for Sharecast.com.

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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 11,042.00p
Change Today -164.00p
% Change -1.46 %
52 Week High 13,276.00p
52 Week Low 9,501.00p
Volume 2,329,887
Shares Issued 1,550.29m
Market Cap £171,184m
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.03% below the market average92.03% below the market average92.03% below the market average92.03% below the market average92.03% 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
Price Trend
6.17% above the market average6.17% above the market average6.17% above the market average6.17% above the market average6.17% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Income
88.49% below the market average88.49% below the market average88.49% below the market average88.49% below the market average88.49% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
88.65% above the market average88.65% above the market average88.65% above the market average88.65% above the market average88.65% above the market average
94.12% above the sector average94.12% above the sector average94.12% above the sector average94.12% above the sector average94.12% above the sector average

What The Brokers Say

Strong Buy 9
Buy 15
Neutral 5
Sell 0
Strong Sell 1
Total 30
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
  1st Interim 2nd Interim
Ex-Div 08-Aug-24 22-Feb-24
Paid 09-Sep-24 25-Mar-24
Amount 100.00¢ 197.00¢

Trades for 31-Oct-2024

Time Volume / Share Price
16:09 179,211 @ 11,160.00p
16:51 488 @ 11,042.00p
16:51 142 @ 11,042.00p
16:35 3,725 @ 11,042.00p
16:35 75 @ 11,042.00p

AstraZeneca Key Personnel

Chair Michel Demare

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