Key new and successful cancer drugs in its pipeline are Imfinzi, Lynparza and Tagrisso. AstraZeneca currently carries a Zacks Rank 3 Hold. Both the companies carry a Zacks Rank 2 Buy. Its earnings estimates for have gone up 0. Today's Best Stocks from Zacks. Would you like to see the updated picks from our best market-beating strategies?
This outperformance has not just been a recent phenomenon.
AstraZeneca launches UK's biggest cash call this year to fund £5.2bn Japanese cancer deal
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AstraZeneca and Daiichi Sankyo enter collaboration for novel HER2-targeting antibody-drug conjugate
Markets closed. Kinjel Shah. It plans to place new ordinary shares in the company with both existing and new institutional investors.
- AstraZeneca bets US$ billion on a cancer therapy in deal with Daiichi - Taipei Times.
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Daiichi and AstraZeneca will equally share global profits from trastuzumab deruxtecan, with Daiichi Sankyo maintaining exclusive rights in Japan. Daiichi expects to book sales in U. The treatment received a breakthrough therapy designation from the US Food and Drug Administration in , a status which is given in instances where there is no current medicine for the condition the drug is aimed at. Daiichi said it would speed up its application to the FDA to the first half of this year.
AstraZeneca Daiichi Sankyo deal
This is not the first time the two companies have been linked. Daiichi denied the reports.
- Global pharma giant AstraZeneca strikes $6.9 billion deal to expand cancer portfolio?
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In , the two announced a commercialization agreement in the U. The story has been published from a wire agency feed without modifications to the text. Only the headline has been changed. You are now subscribed to our newsletters.