AstraZeneca (LSE: AZN) announced three separate approvals of products in asthma and cancer on Tuesday and closed 1.8% up in the stock market.
The Anglo-Swedish pharma major was a further 0.7% higher by Wednesday lunchtime at £49.95 as markets reacted to the news on Faslodex (fulvestrant) and Fasenra (benralizumab).
"This is the first approval from our respiratory biologics portfolio and the latest in a series of significant milestones for our company as we deliver on our pipeline-driven transformation"
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