financetom
Business
financetom
/
Business
/
AstraZeneca's RSV Disease Drug, Breast Cancer Combination Therapy Receive Approval in Japan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AstraZeneca's RSV Disease Drug, Breast Cancer Combination Therapy Receive Approval in Japan
Mar 27, 2024 6:21 AM

08:48 AM EDT, 03/27/2024 (MT Newswires) -- AstraZeneca ( AZN ) said Wednesday that the Japanese Ministry of Health, Labor, and Welfare approved two of its products for use in the country.

The company said the Japanese regulator approved the combination therapy of Truqap, or capivasertib, and Faslodex, or fulvestrant, to treat adults with unresectable or recurrent hormone receptor-positive, HER2-negative breast cancer with specific biomarker alterations following progression after endocrine therapy.

Additionally, AstraZeneca ( AZN ) and Sanofi's ( SNY ) monoclonal antibody Beyfortus, or nirsevimab, was approved in Japan as a prophylaxis to prevent lower respiratory tract disease caused by respiratory syncytial virus in neonates, infants, and children entering their first RSV season, as well as those at risk of serious RSV infection entering their first or second RSV season, AstraZeneca ( AZN ) said.

The approval of Beyfortus, AstraZeneca ( AZN ) said, is based on the treatment's efficacy demonstrated in three pivotal late-stage clinical trials, while the approval of Truqap plus Faslodex was based on a phase 3 trial showing a 50% reduction in the risk of disease progression or death.

AstraZeneca ( AZN ) said Truqap was discovered through a partnership with Astex Therapeutics, which now stands to receive a milestone payment from AstraZeneca ( AZN ) with the first commercial sale of the drug in Japan, along with royalties from future sales.

Shares of AstraZeneca ( AZN ) were up 1.3% in recent Wednesday premarket activity, while Sanofi ( SNY ) shares retreated 0.6%.

Price: 67.2, Change: +0.87, Percent Change: +1.31

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 >
Talent solutions firm Hudson Global's Q2 revenue beats expectations
Talent solutions firm Hudson Global's Q2 revenue beats expectations
Aug 8, 2025
Overview * Hudson Global ( HSON ) Q2 revenue beats analyst expectations despite a 0.5% decline yr/yr * Adjusted net revenue rises 5.8%, driven by Asia Pacific business activity * Co reports net loss of $0.7 mln, missing analyst expectations Outlook * Company expects merger with Star Equity to enhance shareholder value Result Drivers * ASIA PACIFIC GROWTH - Adjusted...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Nutriband Says FDA Grants Meeting Request for Aversa Fentanyl Abuse-Deterrent Patch
Nutriband Says FDA Grants Meeting Request for Aversa Fentanyl Abuse-Deterrent Patch
Aug 8, 2025
08:46 AM EDT, 08/08/2025 (MT Newswires) -- Nutriband ( NTRB ) said Friday that the US Food and Drug Administration has granted a Type C meeting to provide feedback on the chemistry, manufacturing and controls plans for Aversa fentanyl from the submission of investigational new drug application through commercialization. The meeting is set to take place virtually on Sept. 18,...
Kraken Robotics Files Base Shelf Prospectus
Kraken Robotics Files Base Shelf Prospectus
Aug 8, 2025
08:47 AM EDT, 08/08/2025 (MT Newswires) -- Kraken Robotics ( KRKNF ) said overnight Thursday that to maintain financial flexibility it filed a short form base shelf prospectus that allows for a potential issuance of securities within 25 months. There is no certainty that any securities will be offered or sold under the prospectus, the company said. Kraken's share price...
Copyright 2023-2026 - www.financetom.com All Rights Reserved