AstraZeneca’s(LSE: AZN) failure to meet a primary endpoint in the Mystic trial in lung cancer is grabbing the headlines and impacting financial markets today, but in breast cancer the company has had better news.
The Anglo-Swedish pharma major has received a new approval from the European Union (EU) for Faslodex (fulvestrant) for the treatment of oestrogen-receptor positive, locally-advanced or metastatic breast cancer in postmenopausal women not previously treated with endocrine therapy.
Faslodex could now become a first-line standard-of-care treatment for advanced breast cancer. In studies, it reduced risk of disease progression by 20% versus the current standard treatment option, namely anastrozole, which is marketed under the name Arimidex and is also an AstraZeneca drug.
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