The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12,050.00
Bid: 12,038.00
Ask: 12,040.00
Change: -106.00 (-0.87%)
Spread: 2.00 (0.017%)
Open: 12,092.00
High: 12,178.00
Low: 12,010.00
Prev. Close: 12,156.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Early data promising for AstraZeneca cancer drug combination

Sat, 27th Sep 2014 11:45

* MEDI4736, tremelimumab combination tested in lung cancer

* Safety data reported for 24 patients, efficacy for 18

* AstraZeneca says tolerability profile encouraging

* Objective response rate in patients 28 percent (Adds comments from researcher, paragraphs 5 and 11)

By Ben Hirschler

MADRID, Sept 27 (Reuters) - Early results for a closelywatched cancer drug combination from AstraZeneca thatboosts the immune system show the cocktail is promising, thoughlimited patient numbers mean the data is far from conclusive.

The British drugmaker, which fended off a $118 billiontakeover bid from Pfizer in May in part by talking upits cancer drug prospects, has high hopes for the combination oftwo experimental drugs known as MEDI4736 and tremelimumab.

The company is still exploring a range of doses, so testingof the drugs in lung cancer is taking time to yield results anddata on only two dozen patients was reported at the EuropeanSociety for Medical Oncology (ESMO) congress on Saturday.

Chief Executive Pascal Soriot had said earlier this monththat the ESMO numbers would be limited.

Still, researcher Scott Antonia of the Moffitt Cancer Centerin Florida said the early signals were encouraging, both forsafety and efficacy. "It looks very, very promising," he said.

AstraZeneca expects to have more definitive results laterthis year and also plans to start a pivotal clinical trial withthe combination either late this year or at the start of 2015.

Immunotherapy treatment is the hottest area of cancerresearch - widely tipped to become a market worth tens ofbillions of dollars in annual sales - and combinations areviewed by many oncologists as the best way to use the new drugs.

Safety, however, is an issue, especially after results fromanother small study with a similar Bristol-Myers Squibb cocktail showed about half of patients experienced serious sideeffects, with three treatment-related deaths.

In the case of AstraZeneca's combination, six out of 24advanced lung cancer patients had adverse events rated asserious, or grade 3/4, and three had events that led todiscontinuation of treatment. There was one treatment-relateddeath.

So far, 18 of the patients have been assessed for efficacyand five of these, or 28 percent, had tumour shrinkage,according to research presented at the meeting in Madrid.

Although direct comparisons are difficult, Antonia said thiswas much better than the efficacy benefit seen with theBristol-Myers combination in lung cancer.

"In terms of what you would hope to see at this point, weare very much on track," Edward Bradley, head of oncology atAstraZeneca's biotech unit MedImmune, told Reuters. "It's earlydays but we're pleased with where we are and I think it's a verymanageable tolerability profile."

$6.5 BILLION FORECAST

AstraZeneca already presented data on a handful of patientsat the American Society of Clinical Oncology earlier this year.The new results build on that by providing more safety data andshowing some evidence of clinical activity in sick patients whohave failed to respond to other drugs.

MEDI4736 is part of a class of drugs known as anti-PD-L1therapies, which work by blocking a tumour's ability to evadethe immune system's defences. Tremelimumab is a so-calledanti-CTLA4 drug that unlocks a different brake on the immunesystem.

The two-pronged approach is designed to expose cancer cellsas fully as possible to the killing power of the body's ownimmune system. But boosting the immune system can cause damagingside effects, including colitis, a serious inflammation of thecolon, as well as liver and thyroid problems.

Immunotherapy drugs are seen as AstraZeneca's most importantpipeline assets and the company has predicted that MEDI4736 could generate annual sales of $6.5 billion, including its usein combinations.

AstraZeneca is vying with rivals Bristol-Myers Squibb, Merck& Co and Roche in the immunotherapy race.

It is viewed by analysts as being behind these leaders butthe company has a long history in cancer treatment and believesit is in a good position to develop a wide range of drugcocktails.

Because such immunotherapy does not work for all patients,some companies have looked to focus on people whose tumours testpositive for a likely response. However, most of the patientsassessed in the AstraZeneca study were actually PD-L1 negative.

"This supports our strategy to explore this combination morebroadly, particularly in the PD-L1 negative population," Bradleysaid.

Currently, immunotherapy is most advanced as a treatment formelanoma but research is advancing rapidly into other tumourtypes, with non-small cell lung cancer - a major killer - thebiggest commercial opportunity.

As a result, doctors and investors alike are following theAstraZeneca drug combination very closely, particularly afterthe earlier disappointment with Bristol-Myers' combination usingnivolumab and its already approved drug Yervoy. (Editing by Pravin Char and David Holmes)

More News
19 Feb 2024 08:36

TOP NEWS: AstraZeneca celebrates Tagrisso approval and new data

(Alliance News) - AstraZeneca PLC on Monday announced new study data and a new approval for its cancer medication Tagrisso.

Read more
19 Feb 2024 08:03

AstraZeneca's Tagrisso gains FDA approval

(Sharecast News) - Drugmaker AstraZeneca traded higher early on Monday after revealing that a combination of its cancer drug Tagrisso with chemotherapy had gained US approval to treat a particular type of lung cancer.

Read more
19 Feb 2024 07:49

LONDON BRIEFING: MoneySupermarket credits Insurance for growth in 2023

(Alliance News) - Stocks in London are set to fall at Monday's open, as concerns over US inflation trends curb risk appetite, and damp hopes of interest rate cuts from the Federal Reserve.

Read more
15 Feb 2024 14:44

UK dividends calendar - next 7 days

Friday 16 February 
JPMorgan Asia Growth & Income PLCdividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
Murray International Trust PLCdividend payment date
Premier Miton Group PLCdividend payment date
Schroder Oriental Income Funddividend payment date
Solid State PLCdividend payment date
Monday 19 February 
no events scheduled 
Tuesday 20 February 
Invesco Bond Income Plus Ltd 
Wednesday 21 February 
no events scheduled 
Thursday 22 February 
abrdn Asia Focus PLCex-dividend payment date
Alumasc Group PLCex-dividend payment date
AstraZeneca PLCex-dividend payment date
BlackRock Throgmorton Trust PLCex-dividend payment date
Braemar PLCex-dividend payment date
easyJet PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
Endeavour Mining PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Gateley Holdings PLCex-dividend payment date
GSK PLCex-dividend payment date
Hercules Site Services PLCex-dividend payment date
Jersey Electricity PLCex-dividend payment date
Land Securities Group PLCex-dividend payment date
Molten Ventures VCT PLCex-dividend payment date
Northern Bear PLCex-dividend payment date
Redrow PLCex-dividend payment date
Samuel Heath & Sons PLCex-dividend payment date
Titon Holdings PLCex-dividend payment date
Unilever PLCex-dividend payment date
Van Elle Holdings PLCex-dividend payment date
Virgin Money UK PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
13 Feb 2024 16:53

LONDON MARKET CLOSE: Stocks in red amid sticky US inflation data

(Alliance News) - Stock prices in London closed in the red on Tuesday, after a key US inflation reading came in hotter-than-expected.

Read more
13 Feb 2024 12:06

LONDON MARKET MIDDAY: Stocks fall but pound up before US data

(Alliance News) - Stock prices in London were on the decline on Tuesday afternoon, with sentiment tetchy ahead of a US inflation report later.

Read more
13 Feb 2024 09:32

LONDON BROKER RATINGS: Citi lifts GSK; Shore likes XPS Pensions

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
12 Feb 2024 12:04

LONDON MARKET MIDDAY: FTSE 100 underperforms as European peers rise

(Alliance News) - London's FTSE 100 underwhelmed on Monday, with some of its largest constituents pulling it lower, while indices in Europe were on the up on favourable comments on interest rate cuts by a European Central Bank official.

Read more
12 Feb 2024 09:41

LONDON BROKER RATINGS: Deutsche Bank starts Deliveroo at 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
12 Feb 2024 09:12

Barclays sees "compelling" entry point at AstraZeneca after recent falls

(Sharecast News) - Barclays has kept an 'overweight' position on AstraZeneca despite the biopharma group's disappointing annual results last week, saying that the stock's recent underperformance provides an attractive entry point for investors.

Read more
9 Feb 2024 09:15

LONDON BROKER RATINGS: Deutsche Bank cuts AstraZeneca to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

Read more
8 Feb 2024 17:00

LONDON MARKET CLOSE: Softer earnings weigh on underperforming FTSE 100

(Alliance News) - London's FTSE 100 ended lower on Thursday, with mixed corporate updates keeping a lid on enthusiasm, while in New York the S&P 500 has the 5,000 point mark in touching distance.

Read more
8 Feb 2024 14:42

London close: Stocks slip as US jobless claims fall

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

Read more
8 Feb 2024 12:08

LONDON MARKET MIDDAY: DS Smith surges on takeover approach from Mondi

(Alliance News) - Stock prices in London were mixed at midday Thursday, as markets struggled to find direction amid a mixed wave of corporate updates and earnings.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.