AstraZeneca - Merck's Lynparza Delays Disease Progression In Prostate Cancer Patients

Comments
Loading...
  • AstraZeneca Plc AZN has reported high-level results from the PROpel Phase 3 trial of Lynparza (olaparib) in metastatic castration-resistant prostate cancer (mCRPC).
  • The data showed Lynparza plus abiraterone demonstrated improvement in radiographic progression-free survival (rPFS) versus abiraterone as a 1st-line treatment for mCRPC with or without homologous recombination repair (HRR) gene mutations.
  • Johnson & Johnson's JNJ Zytiga (abiraterone) is considered standard of care.
  • The trial also showed a trend at this interim analysis towards improved overall survival. However, the data are still immature.
  • The safety and tolerability were consistent with the known profiles of each medicine.
  • The data will be presented at an upcoming medical meeting.
  • In July 2017, AstraZeneca and Merck & Co Inc MRK collaborated to co-develop and co-commercialize Lynparza and Koselugo for multiple cancer types.
  • Price Action: AZN stock is up 1.87% at $60.59, and MRK stock is up 1.57% at $74.20 during the premarket session on the last check Friday.
Overview Rating:
Speculative
37.5%
Technicals Analysis
66
0100
Financials Analysis
20
0100
Overview
Market News and Data brought to you by Benzinga APIs

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!