RE: GSK7 Jul 2023 19:49
Evening Belhus - after reading an article about AstraZeneca (see below), I wonder if they'd be interested in 737 (or the whole company).
"AstraZeneca’s share price dipped 5% this week when drug trial results failed to meet investors’ expectations, says Hannah Kuchler in the Financial Times. While datopotamab deruxtecan, developed with Japan’s Daiichi Sankyo, was found to stall the progression of patients’ advanced non-small cell lung cancer longer than the current chemotherapy treatment, shareholders were disappointed AstraZeneca did not declare the results “clinically meaningful”. The Anglo-Swedish drug giant said further analysis was required and that clinical significance was anyway “subjective”. Some patients also suffered lung scarring, although AstraZeneca said this was “low grade”. Meeting expectations was always going to be a challenge, according to Credit Suisse’s analysts, because the patients in the late-stage phase-three trial had already tried at least two other drugs. The drug may yet prove to be more effective when taken earlier."