Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video 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: 12,118.00
Bid: 12,120.00
Ask: 12,124.00
Change: 68.00 (0.56%)
Spread: 4.00 (0.033%)
Open: 11,966.00
High: 12,162.00
Low: 11,966.00
Prev. Close: 12,050.00
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 2-AstraZeneca, Merck score win with Lynparza approval for pancreatic cancer

Mon, 30th Dec 2019 08:02

* First of its kind to get FDA okay to treat pancreatic
cancer

* Lynparza belongs to class of treatments called PARP
inhibitors

* Drug had sales of $847 mln in 9 months to September
(Recasts, adds details, executive comment)

By Pushkala Aripaka

Dec 30 - AstraZeneca and Merck's ovarian
cancer drug Lynparza has received U.S. regulatory approval for
the treatment of advanced pancreatic cancer, cementing its lead
in a niche category of cancer treatments.

The U.S. Food and Drug Administration (FDA) approved the
drug's use as a first-line maintenance therapy for patients with
BRCA gene mutations whose cancer had spread beyond the pancreas
and whose tumours did not worsen after chemotherapy of at least
16 weeks, the British drugmaker said on Monday.

Mutations in BRCA genes impair the ability to repair DNA
damage and are typically linked with breast and ovarian cancers,
but can occur in other cancers as well.

Lynparza belongs to a class of drugs known as PARP
inhibitors, which block what is left of the DNA repair mechanism
so cancer cells fail to replicate and a tumour cannot sustain
itself.

The drug is now the only approved medicine in
biomarker-selected patients with advanced pancreatic cancer.

It is already approved for ovarian and breast cancers, and
its latest approval underscores the potential of PARP inhibitors
for use in newer indications.

"Metastatic pancreatic cancer patients have been waiting a
long time for new therapy options for their devastating
disease," said Julie Fleshman, chief executive officer of
Pancreatic Cancer Action Network.

Pancreatic cancer is deadly as most patients are diagnosed
in advanced stages.

It is expected to claim the lives of nearly 46,000 Americans
in 2019, according to the American Cancer Society.

The widely expected approval follows a panel recommendation
this month after a study showed Lynparza helped pancreatic
cancer patients go nearly twice as long without their disease
worsening than those who received a placebo.

Lynparza became the first marketed PARP drug with a U.S.
approval for ovarian cancer in 2014 and is key to AstraZeneca's
push in oncology and sustaining the company's turnaround.

Other approved PARP inhibitors include GSK's Zejula,
Pfizer's Talzenna and Clovis Oncology's
Rubraca, but Lynparza sales dwarf their numbers.

AstraZeneca's PARP treatment brought in $847 million in
sales for the nine months ended Sept. 30. Prior to the latest
approval, analysts forecast average sales of $3.1 billion in
2023 for Lynparza.

The London-listed drugmaker has numerous trials lined up for
Lynparza and in various combination treatments across different
gene pools.

This is also AstraZeneca's second big win this month after
the FDA approved its and Daiichi Sankyo's drug to treat
an advanced form of breast cancer, four months ahead of
schedule.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by
Shailesh Kuber and Jason Neely)

More News
19 Feb 2024 15:39

UPDATE: AstraZeneca completes USD1.1 billion acquisition of Icosavax

(Alliance News) - AstraZeneca PLC on Monday said it has completed the acquisition of Icosavax Inc.

Read more
19 Feb 2024 11:51

LONDON MARKET MIDDAY: Stocks lack direction amid quiet start to week

(Alliance News) - Stock prices in London lacked direction at midday Monday, amid a quiet start to the week.

Read more
19 Feb 2024 08:44

LONDON MARKET OPEN: Stocks drift; Currys surges on takeover interest

(Alliance News) - Stock prices in London were looking for direction early Monday, as investors weighed possible trajectories for US interest rate cuts and a China's economic recovery.

Read more
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

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.