financetom
Business
financetom
/
Business
/
AstraZeneca Says Potential Lung Cancer Treatment Improved Overall Survival Compared With Chemotherapy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AstraZeneca Says Potential Lung Cancer Treatment Improved Overall Survival Compared With Chemotherapy
May 28, 2024 2:23 AM

05:07 AM EDT, 05/28/2024 (MT Newswires) -- AstraZeneca ( AZN ) said Monday its datopotamab deruxtecan therapy showed "clinically meaningful" improvement in overall survival rates over chemotherapy in nonsquamous non-small cell lung cancer patients during a phase 3 trial.

The 600-patient trial of the therapy previously met the primary endpoint of improvement in progression-free survival compared with docetaxel chemotherapy, although "survival results did not reach statistical significance in the overall trial population," the company said.

Datopotamab deruxtecan is being jointly developed by AstraZeneca ( AZN ) and Daiichi Sankyo.

The latest results "support applications" under review by regulators including in the US and European Union, AstraZeneca ( AZN ) said.

Price: 78.25, Change: -0.29, Percent Change: -0.38

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sprinklr Supports Provides Support for Snapchat Public Profiles for Businesses
Sprinklr Supports Provides Support for Snapchat Public Profiles for Businesses
Jun 27, 2024
09:22 AM EDT, 06/27/2024 (MT Newswires) -- Sprinklr ( CXM ) said Thursday it is providing support for Snap's (SNAP) Snapchat Public Profiles for Businesses in Sprinklr Marketing. Sprinklr ( CXM ) said brands can post Snapchat Stories, publish Spotlight Content and promote this organic content with ads in Sprinklr ( CXM ), becoming the first Snapchat partner that enables...
Coherus BioSciences to Sell Yusimry to Hong Kong King-Friend Industrial in $40 Million Cash Transaction
Coherus BioSciences to Sell Yusimry to Hong Kong King-Friend Industrial in $40 Million Cash Transaction
Jun 27, 2024
09:21 AM EDT, 06/27/2024 (MT Newswires) -- Coherus BioSciences ( CHRS ) said Thursday it had agreed to sell its proprietary drug Yusimry to Hong Kong King-Friend Industrial for $40 million cash upfront. HKF's subsidiary Meitheal Pharmaceuticals will continue to commercialize Yusimry, a treatment for various types of arthritis, in the US, Coherus said. Coherus said the move was part...
Why Recursion Pharmaceuticals Stock Is Tumbling Thursday
Why Recursion Pharmaceuticals Stock Is Tumbling Thursday
Jun 27, 2024
Recursion Pharmaceuticals Inc ( RXRX ) shares are trading lower Thursday after the company announced a proposed offering of its common stock. What Happened: Recursion announced that it intends to offer and sell 30,769,230 shares of its common stock for $6.50 per share in an underwritten public offering.  The clinical-stage biotech company also said it plans to grant the underwriters a 30-day option to...
Walgreens Cuts Full-Year Earnings Outlook on 'Challenging' Pharmacy, Consumer Trends
Walgreens Cuts Full-Year Earnings Outlook on 'Challenging' Pharmacy, Consumer Trends
Jun 27, 2024
09:19 AM EDT, 06/27/2024 (MT Newswires) -- Walgreens Boots Alliance ( WBA ) slashed its full-year earnings outlook on Thursday amid challenging pharmacy industry trends and a worsening retail environment, as the drug-store operator plans to close some underperforming US stores after quarterly profit missed market estimates. The company now anticipates adjusted earnings to be in a range of $2.80...
Copyright 2023-2026 - www.financetom.com All Rights Reserved