Market value drops by 6% on concerns that new lung cancer drug may not be as successful as hoped
Nearly £10bn 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 fell by as much as 6% on Monday morning after it published the first results from its phase 3 trial for datopotamab deruxtecan, making it the biggest faller among FTSE 100 companies.
More Stories
‘Godfather of AI’ shortens odds of the technology wiping out humanity over next 30 years
How owls helped me conquer my fear of the dark
‘All people could do was hope the nerds would fix it’: the global panic over the millennium bug, 25 years on