AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

11,376.00p
   
  • Change Today:
    108.00p
  • 52 Week High: 12,294.00
  • 52 Week Low: 9,501.00
  • Currency: UK Pounds
  • Shares Issued: 1,550.22m
  • Volume: 278,820
  • Market Cap: £176,353m
  • RiskGrade: 123

AstraZeneca upbeat on 'groundbreaking' Enhertu results

By Josh White

Date: Monday 20 Sep 2021

LONDON (ShareCast) - (Sharecast News) - AstraZeneca said on Monday that detailed positive results from the head-to-head 'DESTINY-Breast03' phase 3 trial showed that Enhertu, or trastuzumab deruxtecan, demonstrated superior progression-free survival compared to trastuzumab emtansine (T-DM1).
The FTSE 100 pharmaceutical giant said Enhertu is a HER2-directed antibody drug conjugate (ADC) that it has developed with Daiichi Sankyo, while T-DM1 is a HER2-directed ADC currently approved to treat patients with HER2-positive unresectable or metastatic breast cancer previously treated with trastuzumab and a taxane.

It said that at a prespecified interim analysis, Enhertu demonstrated a 72% reduction in the risk of disease progression or death compared to T-DM1.

After 15.5 and 13.9 months of follow-up in the Enhertu and T-DM1 arms, respectively, the median progression-free survival for patients treated with Enhertu was not reached, compared to 6.8 months for T-DM1, as assessed by blinded independent central review.

In the key secondary endpoint of progression-free survival assessed by investigators, patients treated with Enhertu experienced a three-fold improvement of 25.1 months, versus 7.2 months for T-DM1.

A consistent progression-free survival benefit was observed in key subgroups of patients treated with Enhertu, including those with a history of stable brain metastases.

There was a "strong trend" towards improved overall survival with Enhertu, although AstraZeneca said that analysis was not yet mature and was not statistically significant.

Nearly all patients treated with Enhertu were alive at one year at 94.1%, compared to 85.9% of patients treated with T-DM1.

Confirmed objective response rate more than doubled in the Enhertu arm versus the T-DM1 arm, while 42 complete responses and 166 partial responses were observed in patients treated with Enhertu compared to 23 and 67 in patients treated with T-DM1, respectively.

"Today's results are groundbreaking," said AstraZeneca's executive vice-president of oncology research and development Susan Galbraith.

"Enhertu tripled progression-free survival as assessed by investigators, and provided a disease control rate exceeding 95% compared to 77% for T-DM1 in DESTINY-Breast03."

In addition, Galbraith said the safety profile was "encouraging", with no grade four or five interstitial lung disease events in the trial.

"These unprecedented data represent a potential paradigm shift in the treatment of HER2-positive metastatic breast cancer, and illustrate the potential for Enhertu to transform more patient lives in earlier treatment settings."

At 0830 BST, shares in AstraZeneca were up 2.36% at 8,253p.

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Note 2: RiskGrade figures are provided by RiskMetrics.

 

AstraZeneca Market Data

Currency UK Pounds
Share Price 11,376.00p
Change Today 108.00p
% Change 0.96 %
52 Week High 12,294.00
52 Week Low 9,501.00
Volume 278,820
Shares Issued 1,550.22m
Market Cap £176,353m
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.62% below the market average90.62% below the market average90.62% below the market average90.62% below the market average90.62% below the market average
92.45% below the sector average92.45% below the sector average92.45% below the sector average92.45% below the sector average92.45% below the sector average
Price Trend
37.84% above the market average37.84% above the market average37.84% above the market average37.84% above the market average37.84% above the market average
71.93% above the sector average71.93% above the sector average71.93% above the sector average71.93% above the sector average71.93% above the sector average
Income
86.95% below the market average86.95% below the market average86.95% below the market average86.95% below the market average86.95% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Growth
81.83% above the market average81.83% above the market average81.83% above the market average81.83% above the market average81.83% above the market average
94.59% above the sector average94.59% above the sector average94.59% above the sector average94.59% above the sector average94.59% above the sector average

What The Brokers Say

Strong Buy 8
Buy 13
Neutral 6
Sell 0
Strong Sell 1
Total 28
buy
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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 24-Apr-2024

Time Volume / Share Price
10:39 10 @ 11,376.00p
10:39 28 @ 11,374.00p
10:39 30 @ 11,374.00p
10:39 300 @ 11,373.92p
10:38 78 @ 11,374.00p

AstraZeneca Key Personnel

Chair Michel Demare

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