AstraZeneca up 2% on Farxiga's heart failure promise

20 August 2019

Shares in Anglo-Swedish pharma major AstraZeneca (LSE: AZN) were 2% higher by lunchtime on Tuesday following the presentation of Phase III data on Farxiga (dapagliflozin).

The SGLT2 inhibitor met the primary composite endpoint of the Phase III DAPA-HF trial with a statistically-significant and clinically-meaningful reduction of cardiovascular death or the worsening of heart failure - defined as hospitalization or an urgent heart failure visit - compared to placebo.

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