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AZN240823C85000

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  • 1.82
  • +0.86+89.58%
15min DelayClose Aug 23 16:00 ET
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    Argument:
    The upcoming interest rate cuts are poised to benefit the biotech stock industry, setting the stage for strong performance in the coming quarters.
    Reasons:
    Cheaper Funding: Lower interest rates make it easier for biotech companies to access capital for research and development, accelerating their progress and growth potential.
    Attractive Valuations: Biotech stocks are currently trading at attractive levels, offering investors an opportunity to capitalize on the sector's long-term pot...
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    $LumiraDx (LMDXF.US)$ I think whatever $ROCHE HOLDING AG (RHHBY.US)$  intends to do is going to be massive. Owning 75% or more of the company float means at the bare minimum if this were say a 50B deal Roche would only essentially lose out maximum 10B. I'm just thinking to myself if the other pharmas $AstraZeneca (AZN.US)$  & the other one got a piece of this 🥧  too.
    2
    AstraZeneca for the second quarter reported total revenue of $12.938 billion, which increased by 13% on a Year-on-Year (YoY) basis. Moreover, On a half-year basis, total Revenue was up by 18% YoY, which stood at $25.617 billion. The revenue growth was driven by an 18% increase in Product Sales and continued growth in Alliance Revenue from partnered medicines.
     
    On a segment basis, total revenue growth from Oncology, cardiovascular, renal and metabolism (CVRM), ...
    AstraZeneca Earnings Report Q2 2024
    $AstraZeneca (AZN.US)$
    AdCom for IMFINZI (durvalumab) tomorrow 7/25 🗓️
    » IMFINZI + platinum-containing chemo
    » as Tx for non-small cell lung cancer (NSCLC)
    Briefing docs for Thursday’s AdCom posted yesterday…
    ⚠️ FDA highlights concerns about Imfinzi for perioperative NSCLC:
    » overtreatment risk
    » uncertainty on treatment benefit
    » inadequate trial design
    » lack of overall survival benefit
    » potential for unnecessary exposure
    ⏰ Meeting begins Thursday, 9 a.m. ET.
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