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Stock impact report

Roche oral drug shown to keep breast cancer at bay, boosting shares [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
form ?of breast cancer after surgery, boosting the company's shares and underpinning its traditional credentials ?in oncology. The Swiss drugmaker said on Tuesday that a scheduled interim analysis of a late-stage trial showed the experimental pill resulted in a clinically meaningful improvement in keeping patients disease-free after surgery compared with standard endocrine ?therapy. More details are to be ?published at a medical conference to be announced as Roche works towards regulatory approval, the company added. The prospect of ?the drug reducing the spread of early-stage disease to other body parts lifted the company's share price by 6.1% to an eight-month high of ?304.90 Swiss francs ($383.23) by 0939 GMT, ?with JPMorgan analysts calling the news a significant positive surprise. If approved, the clinical use explored in the trial could generate about $5 billion in annual revenue, the analysts added. Investors have been concerned that Roche is relying too heavily on it Show less Read more
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