AstraZeneca (AZN) volatility elevated into shares selling off on failed drug trial

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AstraZeneca (AZN) Shares Plunge After MYSTIC Trial Did Not Meet Primary Endpoint

July 27, 2017 5:49 AM EDT

AstraZeneca (NYSE: AZN) shares are plunging 16% in pre-open trade after the company announced progression-free survival (PFS) results for the Phase III MYSTIC trial, a randomised, open-label, multi-centre, global trial of Imfinzi (durvalumab) monotherapy or Imfinzi in combination with tremelimumab versus platinum-based standard-of-care (SoC) chemotherapy in previously-untreated patients with metastatic (Stage IV) 1st-line non-small cell lung... More