AstraZeneca (AZN)

Sector:

Pharma and Biotech

Index:

FTSE 100

12,172.00p
   
  • Change Today:
    -74.00p
  • 52 Week High: 12,370.00
  • 52 Week Low: 9,501.00
  • Currency: UK Pounds
  • Shares Issued: 1,550.24m
  • Volume: 1,412,796
  • Market Cap: £188,695m
  • RiskGrade: 123

AstraZeneca reports positive analysis from ovarian cancer trial

By Josh White

Date: Wednesday 05 Apr 2023

LONDON (ShareCast) - (Sharecast News) - AstraZeneca announced positive high-level results from analysis of an ongoing ovarian cancer treatment trial on Wednesday.
The FTSE 100 pharmaceuticals giant said the results came from a planned interim analysis of the 'DUO-O' phase three trial, and showed significant improvement in progression-free survival for patients with advanced high-grade epithelial ovarian cancer without tumour BRCA mutations.

It said the trial tested a combination of 'Lynparza', or olaparib; 'Imfinzi', or durvalumab; chemotherapy; and bevacizumab, compared to chemotherapy plus bevacizumab as the control arm.

The patients were treated with Imfinzi in combination with chemotherapy and bevacizumab, followed by Imfinzi, Lynparza, and bevacizumab as maintenance therapy.

In the trial, the combination treatment demonstrated a statistically significant and clinically meaningful improvement in progression-free survival versus the control arm, while an additional arm of Imfinzi, chemotherapy plus bevacizumab showed a numerical improvement in progression-free survival versus the control arm, but did not reach statistical significance.

The overall survival and other secondary endpoints were still immature, and would be formally assessed at a later analysis.

AstraZeneca noted that ovarian cancer is one of the most common gynecologic cancers, with over two-thirds of patients diagnosed with advanced disease, which could progress quickly and diminish quality-of-life despite treatment.

Unfortunately, between 50% and 70% of patients with advanced disease die within five years.

The safety and tolerability of the combinations was "broadly consistent" with that observed in prior clinical trials, AstraZeneca noted, as well as with the known profiles of the individual medicines.

It said the data would be presented at upcoming medical meetings, and shared with health authorities.

"While there has been significant progress for patients with advanced ovarian cancer, an unmet need still remains," said Susan Galbraith, AstraZeneca's executive vice-president of oncology research and development.

"These data from the DUO-O trial provide encouraging evidence for this Lynparza and Imfinzi combination in patients without tumour BRCA mutations and reinforce our continued commitment to finding new treatment approaches for these patients.

"It will be important to understand the key secondary endpoints as well as data for relevant subgroups."

At 0854 BST, shares in AstraZeneca were up 0.95% at 11,351.16p.

Reporting by Josh White for Sharecast.com.

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 12,172.00p
Change Today -74.00p
% Change -0.60 %
52 Week High 12,370.00
52 Week Low 9,501.00
Volume 1,412,796
Shares Issued 1,550.24m
Market Cap £188,695m
RiskGrade 123

AstraZeneca Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.74% below the market average92.74% below the market average92.74% below the market average92.74% below the market average92.74% 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
59.31% above the market average59.31% above the market average59.31% above the market average59.31% above the market average59.31% above the market average
70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average
Income
91.42% below the market average91.42% below the market average91.42% below the market average91.42% below the market average91.42% 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
82.31% above the market average82.31% above the market average82.31% above the market average82.31% above the market average82.31% 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 15-May-2024

Time Volume / Share Price
16:26 0 @ 12,178.00p
16:26 0 @ 12,178.00p
16:21 0 @ 12,190.00p
16:21 0 @ 12,190.00p
16:17 0 @ 12,200.00p

AstraZeneca Key Personnel

Chair Michel Demare

Top of Page