Article 6CNZR AstraZeneca stock value falls by nearly £14bn after cancer drug trial results

AstraZeneca stock value falls by nearly £14bn after cancer drug trial results

by
Mark Sweney
from Science | The Guardian on (#6CNZR)

Shares close down 8% on concerns that new lung cancer drug may not be as successful as hoped

Nearly 14bn has been wiped off the stock market value of AstraZeneca over concerns that a new lung cancer drug may not be as successful as had been hoped.

Shares in the Anglo-Swedish pharmaceutical company closed down 8% on Monday after it published the first results from its phase 3 trial for datopotamab deruxtecan, making it the biggest faller among FTSE 100 companies.

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