Welcome to our dedicated page for AstraZeneca news (Ticker: AZN), a resource for investors and traders seeking the latest updates and insights on AstraZeneca stock.
AstraZeneca PLC develops and commercializes prescription medicines across oncology, rare diseases, and BioPharmaceuticals, including cardiovascular, renal and metabolism, respiratory, and immunology. News about AZN commonly covers clinical-trial results, FDA and advisory-committee actions, product approvals, and updates to marketed medicines such as TRUQAP, BREZTRI, SAPHNELO, IMFINZI, IMJUDO, and ULTOMIRIS.
Company updates also address quarterly revenue and earnings trends, alliance and collaboration revenue, licensing transactions for pipeline assets, and governance changes. Recurring development themes include targeted oncology, COPD, asthma, systemic lupus erythematosus, liver cancer, prostate cancer, and rare or immune-mediated diseases.
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AstraZeneca released promising results from the NEURO-TTRansform Phase III trial for eplontersen, which targets hereditary transthyretin-mediated amyloid polyneuropathy (ATTRv-PN). Eplontersen met all primary and secondary endpoints in the study, showcasing its effectiveness at 66 weeks. Key findings include an 82% reduction in transthyretin (TTR) serum concentration and a significant improvement in neuropathy and quality of life compared to a placebo group. Notably, 47% of patients exhibited neuropathy improvements, and 58% reported enhanced quality of life. The drug's safety profile was favorable, with no adverse events leading to discontinuation reported. AstraZeneca and Ionis are pursuing regulatory approvals for the drug in the US and Europe.
Shanghai Cellular Biopharmaceutical Group Ltd. presented promising results for C-CAR031, a novel cell therapy targeting Glypican 3 (GPC3), at the AACR Annual Meeting on April 17, 2023. The Phase I trial indicated that C-CAR031 is well tolerated, showing objective responses in patients with advanced hepatocellular carcinoma (HCC). Out of seven patients, three achieved confirmed partial responses, with substantial tumor shrinkage observed (median -41.4%). The therapy employs a unique safety-enhancing design and aims to provide an effective treatment option for HCC. Ongoing enrollment efforts seek to further confirm these initial findings.
GRAIL’s Methylation Assay demonstrated a remarkable 92% cancer detection rate across six hematologic malignancies with an accuracy of 96% in determining the malignancy subtype. This study, revealed at the AACR Annual Meeting 2023, supports the potential for GRAIL’s methylation platform as a tumor-agnostic, plasma-based test for minimal residual disease (MRD). The technology accurately identified residual cancer in 428 samples, validating its effectiveness post-treatment. The findings suggest a promising avenue for extending patient remission and survival, addressing the challenge of undetected residual cancer that may lead to relapse. GRAIL's collaboration with AstraZeneca also aims at developing companion diagnostic tests for early-stage cancer.
AstraZeneca's IMFINZI® (durvalumab) has demonstrated promising results in the AEGEAN Phase III trial for resectable early-stage non-small cell lung cancer (NSCLC). The trial reported that patients receiving IMFINZI plus neoadjuvant chemotherapy achieved a pathologic complete response (pCR) rate of 17.2%, significantly higher than the 4.3% for chemotherapy alone—a difference of 13% (p=0.000036). Additionally, event-free survival (EFS) showed a 32% risk reduction in recurrence compared to chemotherapy alone. The trial, involving 802 patients across 264 centers globally, aims to provide a new treatment option for lung cancer patients. There were no new safety signals observed. AstraZeneca plans to discuss these data with regulatory authorities in pursuit of approval.