AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

10,062.00p
   
  • Change Today:
      93.00p
  • 52 Week High: 13,276.00p
  • 52 Week Low: 9,501.00p
  • Currency: UK Pounds
  • Shares Issued: 1,550.30m
  • Volume: 2,714,221
  • Market Cap: £155,992m
  • RiskGrade: 123
  • Beta: 0.87

AstraZeneca's inflammatory disease drug Fasenra approved in the US

By Benjamin Chiou

Date: Wednesday 18 Sep 2024

LONDON (ShareCast) - (Sharecast News) - AstraZeneca has received the green light for its Fasenra drug in the US, used to treat patients with a rare inflammatory disease.
Fasenra, otherwise known as benralizumab, is used to treat adult patients with eosinophilic granulomatosis with polyangiitis or EGPA - an immune-mediated vasculitis (inflammation of small to medium-sized blood vessels) that can result in damage to multiple organs.

It's estimated that 118,000 people worldwide live with EGPA, affecting around 15,000 in the US, half of which suffer from severe eosinophilic asthma.

The US Food and Drug Administration approved Fasenra following positive results from the MANDARA Phase III trial, which compared the drug to the only approved EGPA treatment, mepolizumab, in patients with relapsing or refractory EGPA.

Nearly 60% of patients in the trial achieved remission, similar to results with mepolizumab, though 41% of Fasenra-treated patients fully tapered off oral corticosteroids compared with 26% in the mepolizumab arm.

"Fasenra is already well established for the treatment of severe eosinophilic asthma, and with this approval, physicians in the US will now be able to offer an important new, convenient single monthly subcutaneous injection to their patients with EGPA," said Ruud Dobber, executive vice president of AstraZeneca's BioPharmaceuticals Business Unit.

"Today's news demonstrates the potential of Fasenra to help patients suffering from eosinophilic diseases beyond severe asthma."

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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 10,062.00p
Change Today 93.00p
% Change 0.93 %
52 Week High 13,276.00p
52 Week Low 9,501.00p
Volume 2,714,221
Shares Issued 1,550.30m
Market Cap £155,992m
Beta 0.87
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.66% below the market average87.66% below the market average87.66% below the market average87.66% below the market average87.66% below the market average
88% below the sector average88% below the sector average88% below the sector average88% below the sector average88% below the sector average
Price Trend
27.11% below the market average27.11% below the market average27.11% below the market average27.11% below the market average27.11% below the market average
34.69% above the sector average34.69% above the sector average34.69% above the sector average34.69% above the sector average34.69% above the sector average
Income
78.05% below the market average78.05% below the market average78.05% below the market average78.05% below the market average78.05% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Growth
88.44% above the market average88.44% above the market average88.44% above the market average88.44% above the market average88.44% 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
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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 21-Nov-2024

Time Volume / Share Price
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15:18 0 @ 10,016.00p

AstraZeneca Key Personnel

Chair Michel Demare

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