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-0.000644025589283317 -0.000214675196427732 0.000815765746425648 4.29350392856439E-05 -0.000214675196427732 -0.00124511613928123 -0.0057962303035507 -0.0044652440856983
Stock impact report

Imfinzi EU Approval Expands AstraZeneca Gastric Cancer Reach For Investors [Yahoo! Finance]

Merck & Company, Inc. (new) (MRK) 
Last merck & company, inc. (new) earnings: 4/28 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.merck.com/home/default.aspx
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. AstraZeneca has received European Union approval for Imfinzi in combination with FLOT chemotherapy for early-stage and locally advanced gastric and gastroesophageal cancers. The decision is based on positive overall survival and event free survival data from the Phase III MATTERHORN trial. The approval significantly broadens AstraZeneca's oncology offering, a segment that accounts for over 40% of company revenue. For investors tracking AstraZeneca (LSE:AZN), this approval adds a new indication to one of the company's key oncology assets, within a cancer area that has limited perioperative treatment options. The share price stands at £143.64, and oncology already represents a substantial share of the revenue mix, so this move further deepens AstraZeneca's exposure to cancer therapies. Imfinzi's expanded label in the EU could influence how you think about AstraZe Show less Read more
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