AstraZeneca's shares dropped 1.9% after an FDA advisory panel voted 6-3 against recommending its breast cancer drug camizestrant combined with a CDK4/6 inhibitor for first-line treatment of advanced hormone receptor-positive breast cancer. This decision contrasts with positive Phase III trial results showing a 56% reduction in disease progression risk. Despite the setback, AstraZeneca remains confident in the drug's benefits and continues regulatory reviews in the EU and Japan. Meanwhile, a separate FDA panel favored AstraZeneca's prostate cancer treatment Truqap, which showed promising late-stage trial results.
AstraZeneca PLC will announce its Q2 2026 earnings on July 27, following a strong Q1 with 12.5% revenue growth to $15.29 billion. Key growth driver Enhertu saw a 39.4% year-over-year revenue increase, reaching $831 million, and recently gained EU app...
AstraZeneca has agreed to pay $600 million upfront and up to $1.5 billion total for global rights to Zegfrovy, a lung cancer pill developed by China's Dizal Pharmaceutical. The drug targets non-small cell lung cancer with a specific genetic mutation ...
AstraZeneca has agreed to pay $600 million upfront, with up to $900 million more based on milestones, to acquire global rights to Zegfrovy, a lung cancer pill developed by China's Dizal Pharmaceutical. The drug targets non-small cell lung cancer pati...
HSBC downgraded AstraZeneca from 'buy' to 'hold' following the failure of its Wainua phase III trial for a heart disease treatment, which missed its primary endpoint. This trial was a major part of HSBC's positive outlook, and its failure has led to ...
UBS maintains a 'buy' rating on AstraZeneca ahead of its Q2 results due on July 27, expecting solid performance but no increase in full-year guidance. The bank forecasts 2026 revenue of $63.3 billion and core earnings per share of $9.48, with a margi...
