tiprankstipranks
Advertisement
Advertisement

Astellas’ XTANDI Wins Approval in China for Prostate Cancer

Astellas’ XTANDI Wins Approval in China for Prostate Cancer

Astellas Pharma (JP:4503) has released an update.

Claim 55% Off TipRanks

Astellas Pharma Inc. has announced that China’s National Medical Products Administration approved its drug XTANDI for metastatic hormone-sensitive prostate cancer, based on significant positive outcomes from Phase 3 ARCHES studies in both global and Chinese patient populations. XTANDI, when combined with androgen deprivation therapy, showed a substantial reduction in the risk of PSA progression, marking its third indication for advanced prostate cancer in China. This approval expands treatment options for Chinese patients and is already factored into Astellas’ financial forecast for the fiscal year ending March 31, 2025.

For further insights into JP:4503 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1