Imfinzi breakthrough status soothes scarred AstraZeneca
Whether the 16% hit that AstraZeneca’s (LSE: AZN) share price took last week on the setback in its Mystic lung cancer trial was a market over-reaction or not, the damage will be hard to repair.
Other news from its lung cancer research on Monday has at least helped to start the healing process, bumping the Anglo-Swedish pharma major’s share price back up by nearly 2% in five hours of trading, to £45.76 ($60.05).
"Imfinzi is the first immuno-oncology medicine to show a clinically-significant benefit in this earlier, non-metastatic setting"
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