AstraZeneca's Forxiga Wins European Approval For Chronic Kidney Disease

  • The European Union has approved AstraZeneca plc’s AZN Forxiga (dapagliflozin) for chronic kidney disease (CKD) in adults with and without type-2 diabetes (T2D).
  • Forxiga is a sodium-glucose cotransporter 2 (SGLT2) inhibitor.
  • The approval is based on positive results from the DAPA-CKD Phase III trial that demonstrated that Forxiga, on top of standard-of-care (SoC) treatment, reduced the relative risk of worsening of renal function, the onset of end-stage kidney disease, or risk of cardiovascular or renal death by 39%, compared to placebo.
  • Forxiga also significantly reduced the relative risk of death from any cause by 31% compared to placebo.
  • Price Action: AZN stock is up 0.18% at $56.54 during the market session on the last check Monday.
  • Related content: Benzinga's Full FDA Calendar.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!