AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

11,366.00p
   
  • Change Today:
    112.00p
  • 52 Week High: 13,276.00p
  • 52 Week Low: 9,725.00p
  • Currency: UK Pounds
  • Shares Issued: 1,550.62m
  • Volume: 1,006,644
  • Market Cap: £176,244m
  • RiskGrade: 123

AstraZeneca gets first US approval for cancer treatment Datroway

By Josh White

Date: Monday 20 Jan 2025

LONDON (ShareCast) - (Sharecast News) - AstraZeneca announced on Monday that it has secured approval from the US Food and Drug Administration, alongside Daiichi Sankyo, for 'Datroway', or datopotamab deruxtecan, a treatment for adult patients with previously treated, unresectable or metastatic hormone receptor-positive, HER2-negative breast cancer.
The FTSE 100 pharmaceuticals giant said the approval was based on results from the TROPION-Breast01 phase three trial, which demonstrated a 37% reduction in the risk of disease progression or death compared to chemotherapy.

It said the trial showed that patients treated with Datroway experienced a median progression-free survival of 6.9 months, compared to 4.9 months for those receiving chemotherapy.

The hazard ratio for disease progression or death was 0.63, with a 95% confidence interval of 0.52 to 0.76 and a p-value of less than 0.0001.

It said the safety profile of Datroway was consistent with previous findings, with an interstitial lung disease rate of 4.2%, the majority of which were low grade.

Datroway is a TROP2-directed antibody drug conjugate that was discovered by Daiichi Sankyo and is being jointly developed and commercialised with AstraZeneca.

The approval marked the first for Datroway in the US, and would contribute to AstraZeneca's goal of delivering 20 new medicines by 2030.

Regulatory submissions for Datroway were meanwhile currently under review in the European Union, China and other regions.

"With this first approval of Datroway in the US, we continue to deliver on our ambition for antibody drug conjugates to improve upon and replace conventional chemotherapy for the treatment of multiple cancers," said Dave Fredrickson, executive vice-president of AstraZeneca's oncology haematology business unit.

"We are proud to bring Datroway to people living with metastatic HR-positive, HER2-negative breast cancer, and this approval marks the eighth new medicine of the 20 we have set out to deliver across AstraZeneca by 2030."

At 0847 GMT, shares in AstraZeneca were up 0.38% at 10,980p.

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 11,366.00p
Change Today 112.00p
% Change 1.00 %
52 Week High 13,276.00p
52 Week Low 9,725.00p
Volume 1,006,644
Shares Issued 1,550.62m
Market Cap £176,244m
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.77% below the market average93.77% below the market average93.77% below the market average93.77% below the market average93.77% below the market average
79.17% below the sector average79.17% below the sector average79.17% below the sector average79.17% below the sector average79.17% below the sector average
Price Trend
37.51% above the market average37.51% above the market average37.51% above the market average37.51% above the market average37.51% above the market average
51.02% above the sector average51.02% above the sector average51.02% above the sector average51.02% above the sector average51.02% above the sector average
Income
67.16% below the market average67.16% below the market average67.16% below the market average67.16% below the market average67.16% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Growth
85.66% above the market average85.66% above the market average85.66% above the market average85.66% above the market average85.66% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 10
Buy 15
Neutral 4
Sell 0
Strong Sell 0
Total 29
buy
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AstraZeneca Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 20-Feb-25 08-Aug-24
Paid 24-Mar-25 09-Sep-24
Amount 210.00¢ 100.00¢

Trades for 01-Apr-2025

Time Volume / Share Price
16:28 0 @ 11,360.00p
16:18 2 @ 11,364.00p
16:17 1 @ 11,368.00p
16:13 0 @ 11,380.00p
16:06 0 @ 11,376.00p

AstraZeneca Key Personnel

Chair Michel Demare

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