The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

CORRECT: Japan approves Astra's Lynparza, Tagrisso, and Ultomiris

Fri, 26th Aug 2022 06:03

(Correcting the phase of the OlympiA trial.)

(Alliance News) - AstraZeneca PLC on Thursday shared its latest regulatory successes in a key market, winning approvals for three treatments in Japan.

The Cambridge-based pharmaceutical firm said Japan's Ministry of Health, Labour & Welfare signed off on three medicines for different indications.

Tagrisso, or osimertinib, is now approved for epidermal growth factor-mutated non-small cell lung cancer after surgery. The approval was based on the results from the Adaura phase III trial which showed a statistically significant and clinically meaningful improvement in disease-free survival.

Tagrisso is an epidermal growth factor receptor tyrosine kinase inhibitor.

Ultomiris, or ravulizumab, is now approved for adults with generalised myasthenia gravis - a rare, debilitating, chronic condition that causes muscle weakness. The approval covers patients with gMG who are anti-acetylcholine receptor antibody-positive, and who do not respond well to certain existing treatments.

The approval for humanized monoclonal antibody was based on results from the Champion-MG phase III trial, which showed the drug outperformed placebo in improving patients' abilities to perform daily activities.

Finally, Lynparza, or olaparib, was approved as an adjuvant treatment for BRCA-mutated, HER2-negative early breast cancer, with a high risk of recurrence.

The PARP inhibitor drug was co-developed with Merck & Co, and is approved for various indications across the globe, including the US, EU and Japan.

This most recent approval was based on the results from the OlympiA phase III trial, which showed a statistically significant and clinically meaningful improvement in invasive disease-free survival.

Shares in AZ closed up 1.0% to 11,465.41 pence in London on Thursday.

By Elizabeth Winter; elizabethwinter@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Related Shares

More News
22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

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

22 May 2024 02:00

British firms expecting hard time in China market, lobby group warns

BEIJING, May 22 (Reuters) - British firms expect doing business in China to become harder over the next five years, a British business lobby group s...

21 May 2024 19:00

Sector movers: Stocks slip amid light profit-taking

(Sharecast News) - Stocks ended a tad lower as investors waited on a raft of US central bank speakers scheduled for after the close of markets in Lond...

21 May 2024 17:20

Europe's STOXX 600 ends lower as rate uncertainty prevails

Focus on Fed minutes, Nvidia earnings *

21 May 2024 17:04

LONDON MARKET CLOSE: London dips as eyes turn to UK inflation reading

(Alliance News) - Stock prices in London closed in the red on Tuesday, as investors nervously eye a key UK inflation reading, which could prompt the B...

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.