AstraZeneca's Breast-Cancer Drug Results Seen as Positive Surprise -- Market Talk

Dow Jones
02-26

1459 GMT - AstraZeneca's trial results for breast cancer pill Camizestrant are a material positive surprise and clear the first of its major late-stage catalysts for this year, Barclays analysts say in a note. The British pharma giant's results showed the drug candidate helped patients live for longer without their disease worsening. AstraZeneca guides for a more than $5 billion peak sales potential, whereas Barclays anticipates $3.6 billion. The company indicated it would release most key results in 2H, leading to the analysts expecting publication in the middle of the summer. Shares are up 0.1% at 119.46 pounds.(helena.smolak@wsj.com)

 

(END) Dow Jones Newswires

February 26, 2025 09:59 ET (14:59 GMT)

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