AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

12,132.00p
   
  • Change Today:
    -40.00p
  • 52 Week High: 12,370.00p
  • 52 Week Low: 9,501.00p
  • Currency: UK Pounds
  • Shares Issued: 1,550.24m
  • Volume: 71,799
  • Market Cap: £188,074m
  • RiskGrade: 123

AstraZeneca calls off two phase III trials into hyperkalaemia treatment

By Iain Gilbert

Date: Friday 01 Dec 2023

LONDON (ShareCast) - (Sharecast News) - Drugmaker AstraZeneca has called off two phase III trials on its hyperkalaemia treatment after a series of logistical challenges.
AstraZeneca said on Friday that its STABILIZE-CKD and DIALIZE-Outcomes trials on its drug Lokelma had been canned, principally due to extended timelines for patient enrolment and lower-than-expected occurrences of the conditions being studied.

The FTSE 100-listed firm highlighted that the discontinuation of the trials was not linked to any safety concerns regarding Lokelma, which was currently approved in 56 countries for treating a broad spectrum of patients with hyperkalaemia.

Instead, the trials related to AZN's CRYSTALIZE evidence programme, aimed at exploring the effectiveness of Lokelma in treating hyperkalaemia across various heart and kidney conditions.

AZN's Sharon Barr said: "Our ambitious CRYSTALIZE programme continues to generate evidence to improve the current management of hyperkalaemia, which we believe leads to better outcomes for cardiorenal patients when a potassium binder is included in their treatment regimen. Lokelma is the leading branded potassium binder globally and continues to benefit a broad hyperkalaemia patient population to achieve rapid, sustained potassium control and is well tolerated."

As of 0855 GMT, AstraZeneca shares were up 1.05% at 10,232.0p.





Reporting by Iain Gilbert at 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 12,132.00p
Change Today -40.00p
% Change -0.33 %
52 Week High 12,370.00p
52 Week Low 9,501.00p
Volume 71,799
Shares Issued 1,550.24m
Market Cap £188,074m
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
08:25 60 @ 12,132.00p
08:25 147 @ 12,136.00p
08:25 24 @ 12,136.00p
08:25 50 @ 12,136.00p
08:25 50 @ 12,136.00p

AstraZeneca Key Personnel

Chair Michel Demare

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