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Lung drug AstraZeneca gets EU approval

AstraZeneca Plc (NYSE: AZN) – Imfinizi progression drug has been approved through the European Commission after phase 3 clinical trial produced positive effects. optionally with other remedies such as chemotherapy. Advanced clinical trials have indicated that the drug advanced not only in overall survival, but also in reaction rates for patients with small mobile lung cancer, AstraZeneca said. June 2019 showed that Imfinizi and chemotherapy jointly reduced the threat of death by 27% compared to survival rates based on chemotherapy remedies alone, according to the UK-founded biopharmaceutical company. Even the objective reaction rate shown was higher when the two remedies were used in combination rather than chemotherapy alone. Why It Matters: The lung cancer drug also has regulatory approval in the United States, Japan, China, and several other countries. breakvia in the EU, AstraZeneca has also effectively transferred its COVID-19 vaccine to phase 3 trials in the United States. The company is recruiting up to 30,000 participants for those trials in the United States and is targeting more than 50,000 worldwide. Another of the company’s drugs that has shown promise in extending the survival of patients with chronic kidney disease, the company said in a statement Sunday. Price Movement: AstraZeneca shares traded 0% Array 36% higher at $ 56 during the pre-market inquiry Tuesday. more Benzinga * FDA leader says COVID-19 vaccine could gain emergency approval without the effects of phase 3 trial: FT (C) 2020 Benzinga.com. Benzinga does not offer investment advice. All rights reserved.

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