AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

12,136.00p
   
  • Change Today:
    -36.00p
  • 52 Week High: 12,370.00
  • 52 Week Low: 9,501.00
  • Currency: UK Pounds
  • Shares Issued: 1,550.24m
  • Volume: 322,300
  • Market Cap: £188,136m
  • RiskGrade: 123

AstraZeneca reports positive results in latest lung cancer trials

By Josh White

Date: Wednesday 17 May 2023

LONDON (ShareCast) - (Sharecast News) - AstraZeneca said on Wednesday that its 'FLAURA2' phase three trial had yielded positive high-level results, demonstrating the potential of 'Tagrisso', or osimertinib, combined with chemotherapy in lung cancer patients.
The FTSE 100 pharmaceuticals giant said the combination had the potential to significantly improve progression-free survival (PFS) in patients with locally-advanced or metastatic epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC).

It said the trial indicated that Tagrisso and chemotherapy resulted in a statistically-significant and clinically-meaningful improvement in PFS when compared to Tagrisso alone.

The study specifically focussed on patients with stage 3b to 3c, and stage four, NSCLC.

While the overall survival data was still considered immature at the time of analysis, they would undergo further evaluation in subsequent assessments.

Looking at safety, the trial demonstrated that the combination treatment had consistent safety profiles and discontinuation rates due to adverse events, aligning with the established records of each medicine involved.

"These significant FLAURA2 results show Tagrisso has the potential to offer patients in the first-line setting a new treatment option that can extend the time they live without their disease progressing," said AstraZeneca's executive vice-president of oncology research and development, Susan Galbraith.

"This meaningfully builds on successive trials which have demonstrated improved clinical benefit with Tagrisso in patients with EGFR-mutated lung cancer."

At 0953 BST, shares in AstraZeneca were up 0.85% at 12,168p.

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 12,136.00p
Change Today -36.00p
% Change -0.30 %
52 Week High 12,370.00
52 Week Low 9,501.00
Volume 322,300
Shares Issued 1,550.24m
Market Cap £188,136m
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.48% below the market average92.48% below the market average92.48% below the market average92.48% below the market average92.48% 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
59.08% above the market average59.08% above the market average59.08% above the market average59.08% above the market average59.08% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average
Income
91.19% below the market average91.19% below the market average91.19% below the market average91.19% below the market average91.19% 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
82.60% above the market average82.60% above the market average82.60% above the market average82.60% above the market average82.60% 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 8
Buy 15
Neutral 5
Sell 0
Strong Sell 1
Total 29
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 16-May-2024

Time Volume / Share Price
13:39 149 @ 12,136.00p
13:39 63 @ 12,136.00p
13:39 61 @ 12,136.00p
13:39 60 @ 12,136.00p
13:39 71 @ 12,135.00p

AstraZeneca Key Personnel

Chair Michel Demare

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