AstraZeneca Says Key Lung Cancer Drug Improved Survival [BNN Bloomberg (Canada)]
DAIICHI SANKYO S/ADR (DSNKY)
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Company Research
Source: BNN Bloomberg
Imfinzi showed statistically significant and clinically meaningful improvement in both slowing the progression of the disease and overall survival, according to initial results from an advanced study. Shares of Astra fell as much as 1.8% in London before paring back slightly. The stock is down about 9% in the past year. Limited-stage small cell lung cancer typically affects one lung or one side of the chest and has a very poor prognosis, with just 15% to 30% of patients living for five years after their diagnosis. This is the first trial to mark a “breakthrough for patients with this devastating disease,” said the principal investigator in the study Suresh Senan. He said many patients face disease recurrence and, until now, the standard of care had remained unchanged for decades. Lung cancer is the leading cause of cancer death among men and women, accounting for about 20% of all cancer deaths. Imfinzi is already approved for several other indications including non-small ce
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