STOCK TITAN

AstraZeneca (AZN) scores third positive Phase III COPD result for tozorakimab

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

AstraZeneca reported that its IL-33-targeting biologic tozorakimab met the primary endpoint in the Phase III MIRANDA trial in chronic obstructive pulmonary disease (COPD). The drug produced a statistically significant and clinically meaningful reduction in the annualised rate of moderate-to-severe COPD exacerbations in former smokers and in the overall trial population.

This is the third positive pivotal Phase III trial for tozorakimab in COPD, following the OBERON and TITANIA studies, reinforcing evidence of benefit on top of standard inhaled therapies. Tozorakimab 300mg every two or four weeks was generally well tolerated with a favourable safety profile consistent with earlier trials, and the data will be submitted to regulatory authorities and shared at an upcoming medical meeting.

Positive

  • Third positive Phase III COPD trial for tozorakimab (MIRANDA, following OBERON and TITANIA) showed statistically significant and clinically meaningful reductions in moderate-to-severe COPD exacerbations on top of standard inhaled therapy, supporting a potentially first-in-class biologic opportunity in a large, high‑need disease area.

Negative

  • None.

Insights

Third positive Phase III COPD trial strengthens AstraZeneca’s tozorakimab case and supports upcoming regulatory filings.

The MIRANDA trial showed tozorakimab significantly reduced moderate-to-severe COPD exacerbations in former smokers and in the overall population, on top of standard inhaled therapy. This follows positive Phase III OBERON and TITANIA results, giving AstraZeneca three pivotal COPD trials supporting the same biologic.

The programme spans multiple dosing schedules, with MIRANDA using 300mg every two weeks for 52 weeks and OBERON/TITANIA using 300mg every four weeks in 2,306 patients. Safety was generally well tolerated and consistent with prior studies, which is important for a chronic disease where long-term treatment is expected.

Tozorakimab already has US FDA Fast Track Designation for COPD and severe viral lower respiratory tract disease. The company plans to submit these data to regulators and present them at medical meetings, while continuing additional trials such as PROSPERO in severe exacerbations over 104 weeks and studies in viral lung infection and asthma.

Global COPD patients diagnosed Nearly 400 million people COPD burden worldwide
COPD emergency visits More than 2,500 visits per day US COPD exacerbation emergency department visits
Post-exacerbation survival Only 50% live more than 3.5 years After first severe COPD exacerbation
OBERON and TITANIA enrollment 2,306 patients Randomised across both COPD Phase III trials
MIRANDA enrollment 1,454 patients Randomised in MIRANDA COPD Phase III trial
PROSPERO enrollment 1,713 patients Randomised in long-term extension COPD trial
MIRANDA dose and schedule 300mg every two weeks for 52 weeks Tozorakimab regimen on top of inhaled therapy
OBERON/TITANIA dose and schedule 300mg every four weeks for 52 weeks Tozorakimab regimen on top of inhaled therapy
IL-33-targeting biologic medical
"Third positive pivotal Phase III clinical trial of AstraZeneca's IL-33-targeting biologic further demonstrates its benefits in COPD"
moderate-to-severe COPD exacerbations medical
"reduction in the annualised rate of moderate-to-severe COPD exacerbations in the primary population"
Fast Track Designation regulatory
"Tozorakimab was granted Fast Track Designation by the US Food and Drug Administration for the treatment of severe viral lower respiratory tract disease"
A "fast track designation" is a process that speeds up the review and approval of a product or project, allowing it to reach the market or be completed more quickly than usual. For investors, it can signal that a product may become available sooner, potentially leading to earlier revenue or benefits, and indicating a priority status that might influence company performance and market opportunities.
monoclonal antibody medical
"Tozorakimab is a potential first-in-class monoclonal antibody targeting interleukin-33 (IL-33)"
A monoclonal antibody is a laboratory-made protein designed to recognize and attach to a specific target in the body, such as a disease-causing substance or cell. It functions like a highly precise lock-and-key tool, helping to treat or detect illnesses. For investors, companies developing monoclonal antibodies can represent promising opportunities in the healthcare sector, especially as these treatments often address unmet medical needs.
Phase III double-blind, placebo-controlled trial medical
"MIRANDA is a Phase III double-blind, placebo-controlled trial investigating the efficacy and safety of tozorakimab"
annualised rate of severe COPD exacerbations medical
"the annualised rate of only severe COPD exacerbations (hospitalisations and death) in former smokers with COPD over 104 weeks"
FORM 6-K
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
Report of Foreign Issuer
 
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
 
For the month of April 2026
 
Commission File Number: 001-11960
 
AstraZeneca PLC
 
1 Francis Crick Avenue
Cambridge Biomedical Campus
Cambridge CB2 0AA
United Kingdom
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F X Form 40-F __
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ______
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
 
Yes __ No X
 
If “Yes” is marked, indicate below the file number assigned to the Registrant in connection with Rule 12g3-2(b): 82-_____________
 
 
 
 
 
AstraZeneca PLC
 
INDEX TO EXHIBITS
 
 
1.
Third tozorakimab positive Phase III in COPD
 
 
20 April 2026
 
Tozorakimab met primary endpoint in Phase III MIRANDA trial in patients with COPD
 
Third positive pivotal Phase III clinical trial of AstraZeneca's IL-33-targeting biologic further demonstrates its benefits in COPD
 
Positive high-level results from the pivotal Phase III MIRANDA trial showed potential first-in-class tozorakimab demonstrated a statistically significant and clinically meaningful reduction in the annualised rate of moderate-to-severe COPD exacerbations in the primary population of former smokers and in the overall population, which included former and current smokers, and patients across all blood eosinophil* counts and all stages of lung function severity.
 
In MIRANDA, patients received tozorakimab 300mg or placebo on top of standard of care once every two weeks.1 The trial enrolled patients with COPD still experiencing moderate-to-severe exacerbations while on inhaled standard of care.1 These results follow an announcement in March of the positive high-level results from the pivotal Phase III OBERON and TITANIA trials studying tozorakimab at a four-week dosing interval.
 
Frank Sciurba, MD, FCCP, Professor of Pulmonary and Critical Care Medicine, University of Pittsburgh, Chief Investigator of LUNA programme said: "These results add to the growing body of evidence that indicates tozorakimab delivered meaningful clinical benefits for COPD patients who urgently need new treatment options. Up to half of patients today still experience exacerbations even when taking standard-of-care inhaled therapies, putting them at risk of serious health consequences including hospitalisation and even death."
 
Sharon Barr, Executive Vice President, BioPharmaceuticals R&D, AstraZeneca, said: "These data further demonstrate tozorakimab's exciting potential as a first-in-class biologic with a truly differentiated mechanism of action that inhibits the signalling of the reduced and oxidised forms of IL-33 to address underlying drivers of COPD. We look forward to sharing the data with regulators and the scientific community as soon as possible."
 
Tozorakimab was generally well tolerated with a favourable safety profile consistent with previous trials. The data will be submitted to regulatory authorities and shared with the scientific community at an upcoming medical meeting.
 
Nearly 400 million people are diagnosed with COPD, a heterogenous and progressive disease and the 3rd leading cause of death globally.2,3 Even when on inhaled standard of care, more than 50% of patients experience exacerbations, putting them at an increased risk of cardiopulmonary events and mortality.4-7  
 
Tozorakimab is a potential first-in-class monoclonal antibody targeting interleukin-33 (IL-33), that uniquely inhibits the signalling of the reduced and oxidised forms of IL-33, offering the potential to both reduce inflammation and disrupt the cycle of mucus dysfunction that contribute to COPD worsening.8-11
 
Tozorakimab is also being studied in a Phase III trial for severe viral lower respiratory tract disease and in a Phase II trial in asthma.12,13
 
*eosinophil: a type of white blood cell, which at increased levels may contribute to inflammation in respiratory diseases.14 
 
Notes
 
COPD
COPD, the third leading cause of death (excluding COVID-19) worldwide, is a progressive respiratory condition characterised by persistent airflow limitation and chronic inflammation of the airways.3,15 Common symptoms include breathlessness, chronic cough and excess mucus production.15 These symptoms can worsen over time and contribute to ongoing inflammation and bronchoconstriction, making it difficult to breathe and increasing the risk of COPD exacerbations.15 These COPD exacerbations have a profound impact on the lives of those with the disease, accelerating disease progression, increasing hospitalisations, and increasing the risk of future cardiopulmonary events - including heart attacks, all of which can be life-threatening.7,15 In the US, exacerbations cause more than 2,500 emergency department visits per day.16 Only 50% of COPD patients live more than 3.5 years after their first severe exacerbation.17
 
Phase III LUNA programme
Tozorakimab's Phase III COPD development programme includes four clinical trials: OBERON, TITANIA, MIRANDA and PROSPERO.
 
OBERON and TITANIA
OBERON and TITANIA are replicate Phase III double-blind, placebo-controlled trials investigating the efficacy and safety of tozorakimab in adults with symptomatic COPD with a history of ≥2 moderate or ≥1 severe COPD exacerbations in the 12 months prior to enrolment. A total of 2,306 patients were randomised in both trials, including former and current smokers, and patients across all blood eosinophil counts and all stages of lung function severity.18,19 Patients were placed on a regimen of tozorakimab 300mg once every four weeks, or placebo over the course of 52 weeks on top of inhaled therapy.
 
Prior to enrolment, patients received standard of care inhaled maintenance therapy for at least three months. The primary endpoint is annualised rate of moderate-to-severe COPD exacerbations in former smokers with COPD. A key secondary endpoint measured the annualised rate of moderate-to-severe COPD exacerbations in the overall population of former and current smokers.18,19
 
MIRANDA
MIRANDA is a Phase III double-blind, placebo-controlled trial investigating the efficacy and safety of tozorakimab in adults with symptomatic COPD with a history of ≥2 moderate or ≥1 severe COPD exacerbations in the 12 months prior to enrolment. A total of 1,454 patients were randomised in this trial, including former and current smokers, and patients across all blood eosinophil counts and all stages of lung function severity.1 Patients were placed on a regimen of tozorakimab 300mg once every two weeks, or placebo over the course of 52 weeks on top of inhaled therapy.
 
Prior to enrolment, patients received standard of care inhaled maintenance therapy for at least three months. The primary endpoint is annualised rate of moderate-to-severe COPD exacerbations in former smokers with COPD. A key secondary endpoint measured the annualised rate of moderate-to-severe COPD exacerbations in the overall population of former and current smokers.1
 
PROSPERO
The PROSPERO trial is a randomised, long-term extension clinical trial that enrolled patients who completed the OBERON or TITANIA trials. PROSPERO has a different primary endpoint, which is the annualised rate of only severe COPD exacerbations (hospitalisations and death) in former smokers with COPD over 104 weeks. A total of 1,713 patients were randomised in this trial.20
 
Tozorakimab
Tozorakimab is being developed by AstraZeneca as a first-in-class potent human immunoglobulin monoclonal antibody that binds to interleukin (IL-33). Tozorakimab targets the top of the inflammatory cascade uniquely inhibiting IL-33 signalling in two ways, thereby suppressing inflammation and disrupting the cycle of mucus dysfunction.8 Tozorakimab is currently being investigated in a Phase III clinical trial for severe viral lower respiratory tract disease and a Phase II trial for asthma.12,13 Tozorakimab was granted Fast Track Designation by the US Food and Drug Administration for the treatment of severe viral lower respiratory tract disease in November 2023 and for COPD in December 2024.21
 
AstraZeneca in Respiratory & Immunology
Respiratory & Immunology, part of AstraZeneca BioPharmaceuticals, is a key disease area and growth driver to the Company.
 
AstraZeneca is an established leader in respiratory care with a 50-year heritage and a growing portfolio of medicines in immune-mediated diseases. The Company is committed to addressing the vast unmet needs of these chronic, often debilitating, diseases with a pipeline and portfolio of inhaled medicines, biologics and new modalities aimed at previously unreachable biologic targets. Our ambition is to deliver life-changing medicines that help eliminate COPD as a leading cause of death, eliminate asthma attacks and achieve clinical remission in immune-mediated diseases.
 
AstraZeneca
AstraZeneca (LSE/STO/NYSE: AZN) is a global, science-led biopharmaceutical company that focuses on the discovery, development, and commercialisation of prescription medicines in Oncology, Rare Diseases, and BioPharmaceuticals, including Cardiovascular, Renal & Metabolism, and Respiratory & Immunology. Based in Cambridge, UK, AstraZeneca's innovative medicines are sold in more than 125 countries and used by millions of patients worldwide. Please visit astrazeneca.com and follow the Company on Social Media @AstraZeneca.
 
Contacts
For details on how to contact the Investor Relations Team, please click here. For Media contacts, click here.
 
References
1.   Clinicaltrials.gov. Efficacy and Safety of Tozorakimab in Symptomatic Chronic Obstructive Pulmonary Disease With a History of Exacerbations (MIRANDA). [Online]. Available at: https://clinicaltrials.gov/study/NCT06040086. [Last accessed: April 2026]
2.   Montes de Oca M, Perez-Padilla R, Celli B, et al. The global burden of COPD: epidemiology and effect of prevention strategies. Global Epidemiology of Chronic Respiratory Disease. 2025; 13(18):709-724.
3.   World Health Organization (WHO). The top 10 causes of death. 2024. Available at: https://www.who.int/news-room/fact-sheets/detail/the-top-10-causes-of-death. [Last accessed: April 2026]
4.   Chen S, Small M, Lindner L, Xu X. Symptomatic burden of COPD for patients receiving dual or triple therapy. Int J Chron Obstruct Pulmon Dis 2018;13:1365-1376.
5.   Chen S, Miravitlles M, Rhee CK, et al. Patients with chronic obstructive pulmonary disease and evidence of eosinophilic inflammation experience exacerbations despite receiving maximal inhaled maintenance therapy. Int J Chron Obstruct Pulmon Dis 2022;17:2187-2200.
6.   Nordon C, Carstens D, Fageras M, et al. Exacerbation and mortality in COPD patients on triple inhaler and at high exacerbation risk. Eur Respir J 2024;64(Suppl. 68):PA1287 (Abstract). 
7.   Singh D, Han MK, Hawkins NM, et al. Implications of cardiopulmonary risk for the management of COPD: a narrative review. Adv Ther. 2024;41:2151-2167.
8.   England E, Rees DG, Scott IC, et al. Tozorakimab (MEDI3506): an anti-IL-33 antibody that inhibits IL-33 signalling via ST2 and RAGE/EGFR to reduce inflammation and epithelial dysfunction. Sci Rep. 2023;13:9825. 
9.   Singh D, Guller P, Reid F, et al. A Phase 2a trial of the IL-33 mAb tozorakimab in patients with COPD: FRONTIER-4. Eur Respir J 2025;doi 10.1183/13993003.02231-2024.
10.  Strickson S, Houslay KF, Negri VA, et al. Oxidised IL-33 drives COPD epithelial pathogenesis via ST2-independent RAGE/EGFR signalling complex. Eur Respir J 2023;62:2202210.
11.  Strickson S, et al. Distinct Pharmacological Profiles of IL-33 Antibodies. [Poster Presentation]. Presented at the American Thoracic Society (ATS) 2024. May 2024.
12.  Clinicaltrials.gov. Efficacy and Safety of Tozorakimab in Patients Hospitalised for Viral Lung Infection Requiring Supplemental Oxygen (TILIA). [Online]. Available at: https://clinicaltrials.gov/study/NCT05624450 [Last accessed: April 2026]
13.  Clinicaltrials.gov Dose Range Finding Study to Assess Efficacy and Safety of Tozorakimab in Adults With Uncontrolled Asthma on Medium-to-High Dose Inhaled Corticosteroids (UMBRIEL). [Online]. Available at: https://clinicaltrials.gov/study/NCT06932263 [Last accessed: April 2026]
14.  Jackson D, Akuthota P, Roufosse F. Eosinophils and eosinophilic immune dysfunction in health and disease. Eur Respir Rev 2022 31(163):210150.
15.  GOLD. Global Strategy for the Diagnosis, Management, and Prevention of Chronic Obstructive Pulmonary Disease: 2026 Report. Available at: https://goldcopd.org/2026-gold-report-and-pocket-guide/ [Last accessed: April 2026]
16.  American Lung Association. COPD Trends Brief: Burden. Available at: https://www.lung.org/research/trends-in-lung-disease/copd-trends-brief/copd-burden [Last accessed: April 2026]
17.  Suissa S, Dell'Aniello S, Ernst P. Long-term natural history of chronic obstructive pulmonary disease: severe exacerbations and mortality. Thorax 2012;67:957-963.
18.  Clinicaltrials.gov. Efficacy and Safety of Tozorakimab in Symptomatic Chronic Obstructive Pulmonary Disease With a History of Exacerbations (OBERON). Available at: https://clinicaltrials.gov/study/NCT05166889. [Last accessed: April 2026]
19.  Clinicaltrials.gov. Efficacy and Safety of Tozorakimab in Symptomatic Chronic Obstructive Pulmonary Disease With a History of Exacerbations. (TITANIA). [Online]. Available at: https://clinicaltrials.gov/study/NCT05158387. [Last accessed: April 2026]
20.  Clinicaltrials.gov. Long-term Efficacy and Safety of Tozorakimab in Participants With Chronic Obstructive Pulmonary Disease With a History of Exacerbations (PROSPERO). [Online]. Available at: https://clinicaltrials.gov/study/NCT05742802 [Last accessed: April 2026]
21.  AstraZeneca. Clinical Trials Appendix Q3 2025 Results Update. Available from: https://www.astrazeneca.com/content/dam/az/PDF/2025/9m-q3/9M-and-Q3-2025-results-clinical-trials-appendix.pdf [Last accessed: April 2026]
 
Matthew Bowden
Company Secretary
AstraZeneca PLC
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
AstraZeneca PLC
 
 
Date: 20 April 2026
 
 
By: /s/ Matthew Bowden
 
Name: Matthew Bowden
 
Title: Company Secretary

FAQ

What did AstraZeneca (AZN) announce about tozorakimab in COPD?

AstraZeneca announced that tozorakimab met the primary endpoint in the Phase III MIRANDA COPD trial. The drug achieved a statistically significant and clinically meaningful reduction in annualised moderate-to-severe exacerbations in former smokers and in the overall trial population on top of standard inhaled therapy.

Why is the MIRANDA Phase III trial important for AstraZeneca (AZN)?

The MIRANDA trial is the third positive pivotal Phase III COPD study for tozorakimab, after OBERON and TITANIA. Consistent benefits across multiple large trials strengthen the clinical evidence base, supporting upcoming regulatory submissions and the drug’s positioning as a potential first-in-class biologic in COPD.

How was tozorakimab used in the MIRANDA COPD study?

In MIRANDA, adults with symptomatic COPD and recent moderate-to-severe exacerbations received tozorakimab 300mg or placebo every two weeks for 52 weeks. Treatment was added on top of standard inhaled maintenance therapy, reflecting real-world use in patients who continued to exacerbate despite standard care.

What safety profile did tozorakimab show in AstraZeneca’s trials?

Tozorakimab was generally well tolerated in the MIRANDA trial with a favourable safety profile consistent with previous studies. This is important because COPD is chronic and patients may need long-term biologic treatment, so maintaining a stable and acceptable safety profile across trials is a key requirement.

What other tozorakimab COPD trials are mentioned for AstraZeneca (AZN)?

AstraZeneca’s COPD programme includes the Phase III OBERON and TITANIA trials, which used 300mg dosing every four weeks in 2,306 patients, and the PROSPERO long-term extension trial. PROSPERO focuses on severe COPD exacerbations, including hospitalisations and death, over 104 weeks in 1,713 randomised patients.

Does tozorakimab have any regulatory designations in the US?

Tozorakimab has received US FDA Fast Track Designation for severe viral lower respiratory tract disease and for COPD. Fast Track is intended to facilitate development and expedite review of drugs that address serious conditions and unmet medical needs, potentially accelerating time to a regulatory decision.