AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

12,134.00p
   
  • Change Today:
    -38.00p
  • 52 Week High: 12,370.00
  • 52 Week Low: 9,501.00
  • Currency: UK Pounds
  • Shares Issued: 1,550.24m
  • Volume: 248,542
  • Market Cap: £188,106m
  • RiskGrade: 123

AstraZeneca working with FDA on finer details of Ultomiris treatment

By Benjamin Chiou

Date: Wednesday 06 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Pharma giant AstraZeneca said it is "working closely" with US regulators to clarify some details of its Ultomiris drug as it hopes to bring the treatment to market as quickly as possible for people suffering from the rare disease, neuromyelitis optica spectrum disorder (NMOSD).
Ultomiris is already approved for the treatment of certain adults with NMOSD in the EU, Japan and other countries, but is only available in the US for a select few - "adults with generalised myasthenia gravis (gMG) who are anti-acetylcholine receptor (AChR) Ab+, and certain adults and children with paroxysmal nocturnal haemoglobinuria (PNH) or atypical haemolytic uraemic syndrome (aHUS)," the company explained.

AstraZeneca had submitted a biologics license application to the US Food and Drug Administration (FDA) to approve Ultomiris in the treatment of adults with NMOSD who are anti-aquaporin-4 (AQP4) antibody positive (Ab+).

In a statement on Wednesday, the company said: "The FDA requested modifications to enhance the Ultomiris Risk Evaluation and Mitigation Strategy (REMS) to further validate patients' meningococcal vaccination status or prophylactic administration of antibiotics prior to treatment."

AstraZeneca said it "remains committed to bringing Ultomiris to people living with NMOSD in the US as quickly as possible", and will work with the FDA regarding the next steps for the REMS modifications.

Positively, the FDA did not ask for additional analysis of trial data or raise any concerns about the drug's efficacy or safety.

AstraZeneca shares were down 1% at 10,630p by 0812 BST.

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 12,134.00p
Change Today -38.00p
% Change -0.31 %
52 Week High 12,370.00
52 Week Low 9,501.00
Volume 248,542
Shares Issued 1,550.24m
Market Cap £188,106m
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
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 16-May-2024

Time Volume / Share Price
11:53 80 @ 12,133.73p
11:53 68 @ 12,134.00p
11:53 101 @ 12,134.00p
11:53 20 @ 12,134.00p
11:53 12 @ 12,134.00p

AstraZeneca Key Personnel

Chair Michel Demare

Top of Page