tiprankstipranks

AstraZeneca’s Imfinzi Gains EU Approval as First Immunotherapy for Limited-Stage Small Cell Lung Cancer

Story Highlights
AstraZeneca’s Imfinzi Gains EU Approval as First Immunotherapy for Limited-Stage Small Cell Lung Cancer

AstraZeneca ( (GB:AZN) ) has issued an update.

AstraZeneca’s Imfinzi has been approved by the European Union as the first immunotherapy for limited-stage small cell lung cancer (LS-SCLC), following the successful ADRIATIC Phase III trial. This approval marks a significant advancement in treatment options, as Imfinzi demonstrated a 27% reduction in the risk of death compared to placebo, offering a new benchmark for LS-SCLC care and potentially transforming outcomes for patients in Europe.

More about AstraZeneca

AstraZeneca is a leading pharmaceutical company specializing in oncology, immuno-oncology, and lung cancer treatments. The company is known for its innovative approaches to cancer care, including the development of immunotherapies and a diverse portfolio of medicines aimed at improving outcomes for patients with various types of cancer.

YTD Price Performance: 16.25%

Average Trading Volume: 2,817,366

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £186B

For detailed information about AZN stock, go to 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