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Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

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Share Price: 12,296.00
Bid: 12,322.00
Ask: 12,324.00
Change: -108.00 (-0.87%)
Spread: 2.00 (0.016%)
Open: 12,334.00
High: 12,362.00
Low: 12,250.00
Prev. Close: 12,404.00
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CORRECT (Jul 19): Astra lung cancer treatment Imfinzi backed in China

Tue, 20th Jul 2021 15:16

(Correcting to clarify that Imfinzi can also be used to treat non-small cell lung cancer as well as small cell lung cancer.)

(Alliance News) - AstraZeneca PLC on Monday reported its Imfinzi drug has been approved in China for the treatment of extensive-stage small cell lung cancer.

The approval by China's National Medical Products Administration was based on positive results from its Caspian phase three trial, which showed that Imfinzi and chemotherapy demonstrated a "statistically significant and clinically meaningful improvement in overall survival" versus chemotherapy treatment alone.

"Today's approval of Imfinzi plus chemotherapy brings an important global standard of care to patients with extensive-stage small cell lung cancer in China, who have had few treatment options and a dire prognosis," Dave Fredrickson, executive vice president of Oncology Business commented.

"Physicians can now offer these patients a well-tolerated immunotherapy regimen with sustained overall survival and prolonged treatment response, as well as convenient dosing."

The drugmaker said that this is the first time physicians have had the choice to combine immunotherapy with cisplatin, a preferred chemotherapy in China.

Small cell lung cancer is a highly aggressive, fast-growing form of lung cancer with a five-year survival rate of just 7%.

Imfinzi can also be used to treat non-small cell lung cancer when it has not spread outside the chest, cannot be removed by surgery, and has responded or stabilised with chemotherapy, given at the same time as radiation therapy.

Shares in AstraZeneca were trading up 1.4% at 8,420.00 pence each in London on Tuesday afternoon.

By Will Paige; willpaige@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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*

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