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Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

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Share Price: 12,190.00
Bid: 12,210.00
Ask: 12,214.00
Change: 162.00 (1.35%)
Spread: 4.00 (0.033%)
Open: 12,036.00
High: 12,214.00
Low: 12,024.00
Prev. Close: 12,028.00
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TOP NEWS: Astra's Lynparza Gets EU Ok For Ovarian And Prostate Cancer

Mon, 21st Sep 2020 09:30

(Alliance News) - Pharmaceutical company AstraZeneca PLC on Monday reported positive updates for its Tagrisso and Lynparza treatments.

For Tagrisso, results from a prespecified exploratory analysis of the Adaura phase three trial showed AstraZeneca's drug demonstrated a clinically meaningful improvement in central nervous system disease-free survival in treating lung cancer. Central nervous system recurrence, when cancer spreads to the brain, is a frequent complication of epidermal growth factor receptor-mutated non-small cell lung cancer.

Tagrisso reduced the risk of disease recurrence in the brain by 82%, AstraZeneca said.

Meanwhile, the company said Lynparza has been recommended for marketing authorisation in the EU for the 1st-line maintenance treatment with bevacizumab of patients with homologous recombination deficient-positive advanced ovarian cancer.

The same drug also has been recommended for EU authorisation for patients with metastatic castration-resistant prostate cancer.

The approval for Lynparza for treating ovarian cancer was based on analysis of the Paola 1 phase three trial. The trial showed that Lynparza in combination with bevacizumab maintenance treatment reduced the risk of disease progression or death by 67%.

Lynparza's approval for treating prostate cancer was based on a subgroup analysis of patients with BRCA1/2 mutations from the Profound phase three trial.

Shares in AstraZeneca were down 0.9% at 8,670.48 pence each in London on Monday morning.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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