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: 0.00 (0.00%)
Spread: 2.00 (0.017%)
Open: 0.00
High: 0.00
Low: 0.00
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 pilots diabetes drug as potential COVID-19 treatment

Thu, 23rd Apr 2020 08:24

* For patients with existing heart, kidney condition

* Tests if Farxiga cuts risk of disease worsening, death

* Company has announced trial with Calquence for COVID-19
(Recasts with details on trial, competitors, context)

By Pushkala Aripaka

April 23 (Reuters) - Britain's AstraZeneca is
testing a diabetes drug as a potential treatment for COVID-19
patients who also had existing heart and kidney problems, its
second trial of an approved therapy to help treat the disease
caused by the coronavirus.

Dubbed "DARE-19", AstraZeneca said https://www.astrazeneca.com/media-centre/press-releases/2020/astrazeneca-and-saint-lukes-mid-america-heart-institute-initiate-phase-iii-dare-19-trial-with-farxiga-in-covid-19-patients.html
on Thursday that the study will assess if Farxiga can reduce
the risk of death from serious complications and organ failure
in such patients.

Drugmakers are rushing to advance potential treatments for
the fast-spreading virus outbreak that has infected more than
2.62 million people globally and so far killed 183,761 with the
respiratory illness, according to a Reuters tally.

"AstraZeneca is committed to finding new solutions to fight
COVID-19 by investigating the application of our new and
existing medicines," Mene Pangalos, Executive VP of
biopharmaceuticals at the company, said.

While existing medications being trialled include cancer
drugs and immunotherapies, some research shows that patients
with existing heart conditions are at a high risk of developing
COVID-19 complications, including heart failure.

Cambridge-based AstraZeneca has also said it will trial its
cancer drug Calquence in COVID-19 patients and has partnered
with rival GlaxoSmithKline and Cambridge University to
set up a COVID-19 testing laboratory.

AstraZeneca's DARE-19 trial, in partnership with the Saint
Luke's Mid America Heart Institute, will enrol about 900
patients in the United States and European countries that are
experiencing high rates of the coronavirus, the drugmaker said.

The goal of the study is to assess if Farxiga can cut the
risk of disease progression, clinical complications and death in
the patients, AstraZeneca said, without providing details on
when it expects to publish data for regulatory submission.

Farxiga, approved as a treatment for type-2 diabetes, is
part of the SGLT2-inhibitor class of antidiabetic medication
that cause the kidneys to expel blood sugar through urine and
has shown promise in various heart and kidney condition trials.

Rival SGLT2 inhibitors include Johnson & Johnson's
Invokana and Eli Lilly and Co and Boehringer Ingelheim's
Jardiance.

Diabetes, heart disease and long-term lung problems are the
most common underlying conditions among Americans hospitalized
with COVID-19, a report https://www.reuters.com/article/us-health-coronavirus-usa-study/diabetes-lung-and-heart-disease-common-in-u-s-coronavirus-patients-cdc-idUSKBN21I3HM
last month said.

(Reporting by Pushkala Aripaka in Bengaluru; Editing by
Saumyadeb Chakrabarty, Sriraj Kalluvila and Alexander Smith)

More News
14 Mar 2024 07:16

AstraZeneca snaps up rare disease specialist Amolyt for $1.05bn

(Sharecast News) - Biopharma giant AstraZeneca has announced the acquisition of French biotech firm Amolyt Pharma for up to $1.05bn to beef up its late-stage rare disease pipeline.

Read more
8 Mar 2024 06:00

Astra, Sanofi's antibody 90% effective against RSV in infants - CDC

(Alliance News) - A new treatment for infant respiratory syncytial virus, RSV, – a leading cause of severe illness in US babies – is 90% effective in preventing hospitalization, health authorities said Thursday.

Read more
6 Mar 2024 14:40

UK BUDGET: Some tax cuts but vapes, tobacco and non-doms targeted

(Alliance News) - A cut to national insurance, stamp duty relief as well as a freeze on fuel and alcohol duties were among the marquee tax measures that UK Chancellor Jeremy Hunt announced in his budget on Wednesday.

Read more
5 Mar 2024 14:24

AstraZeneca's breast cancer treatment blocked for NHS use in England

(Alliance News) - A treatment that extends the life of people with advanced breast cancer has been blocked for NHS use in England in a move that potentially impacts thousands of patients.

Read more
4 Mar 2024 09:31

AstraZeneca and Daiichi Sankyo get EU approval for cancer treatment

(Alliance News) - AstraZeneca PLC and Daiichi Sankyo Co Ltd on Monday said that the European Medicines Agency has approved two marketing authorisation applications for their datopotamab deruxtecan in two types of cancer.

Read more
4 Mar 2024 07:18

AstraZeneca's chemo replacement treatment moves closer to EU approval

(Sharecast News) - European regulators have validated two marketing authorisation applications (MMAs) for AstraZeneca, as the biopharma giant's datopotamab deruxtecan chemotherapy replacement treatment comes one step closer to receiving the green light to treat two types of cancer.

Read more
26 Feb 2024 08:51

AstraZeneca's Voydeya treatment recommended for EU approval

(Alliance News) - AstraZeneca on Monday announced further support from regulators for its first-in-class blood disease treatment.

Read more
26 Feb 2024 07:22

AstraZeneca's blood-disorder drug recommended for EU approval

(Sharecast News) - European regulators has given the green light to AstraZeneca's blood-disorder drug Voydeya, the biopharma giant announced on Monday.

Read more
22 Feb 2024 17:36

EARNINGS AND TRADING: Astra closes Gracell buy, Amicorp "on track"

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News:

Read more
20 Feb 2024 10:29

AstraZeneca acquires US-based biopharmaceutical company

(Sharecast News) - Drugmaker AstraZeneca revealed late on Monday afternoon that it had successfully completed its acquisition of US-based biopharmaceutical company Icosavax.

Read more
20 Feb 2024 09:40

LONDON BROKER RATINGS: JPMorgan cuts Airtel Africa price target by 28%

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

Read more
19 Feb 2024 16:51

LONDON MARKET CLOSE: Europe lacks direction on quiet Monday

(Alliance News) - European markets lacked direction on Monday, after a quiet day as the US markets celebrated George Washington's birthday.

Read more
19 Feb 2024 15:59

London close: Stocks manage gains on globally quiet day

(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.

Read more
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

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.