tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AstraZeneca Gains Approval to Launch New Oncology Treatment in India

Story Highlights
  • AstraZeneca Pharma India Limited received approval to market a new breast cancer treatment drug in India.
  • This approval supports AstraZeneca’s oncology portfolio and strengthens its market position in India.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AstraZeneca Gains Approval to Launch New Oncology Treatment in India

Claim 50% Off TipRanks Premium and Invest with Confidence

AstraZeneca Pharma India Limited ( (IN:ASTRAZEN) ) just unveiled an update.

AstraZeneca Pharma India Limited has obtained permission from the Central Drugs Standard Control Organization (CDSCO) to import and distribute Datopotamab Deruxtecan powder for infusion (brand name: Datverzo) in India. This new drug targets unresectable or metastatic HR-positive, HER2-negative breast cancer and has been approved for patients undergoing prior endocrine therapy and chemotherapy for such conditions. The approval marks a significant advancement, enabling marketing efforts for Datverzo in this critical oncology segment, subject to additional regulatory clearances. This announcement strengthens AstraZeneca’s position in the oncology market while underlining its commitment to advancing treatment options for severe medical conditions in India.

More about AstraZeneca Pharma India Limited

AstraZeneca Pharma India Limited operates in the pharmaceutical industry, focusing on the development, manufacturing, and marketing of innovative drugs. The company provides treatments for various medical conditions, particularly in oncology, cardiovascular, and metabolic disorders.

Average Trading Volume: 638

Technical Sentiment Signal: Strong Buy

Current Market Cap: 225.3B INR

Find detailed analytics on ASTRAZEN stock on 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