AstraZeneca (AZN) PT Raised to $50 at BMO Capital

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AstraZeneca (AZN) Agrees to Sell Perpetual U.S. Rights for Synagis (palivizumab) to Swedish Orphan Biovitrum AB

November 13, 2018 5:52 AM EST

Swedish Orphan Biovitrum AB (publ) (Sobi) (SOBI) has entered into agreements to acquire the perpetual rights to Synagis® (palivizumab) in the US from AstraZeneca (NYSE: AZN) and to participate in 50 per cent of the future earnings of the candidate drug MEDI8897 in the US. The total upfront consideration corresponds to USD 1,500 M (SEK 13.6... More

AstraZeneca (AZN) Reports Positive Full Results from DECLARE-TIMI 58 Cardiovascular Outcomes Trial for FARXIGA (dapagliflozin)

November 12, 2018 6:13 AM EST

AstraZeneca (NYSE: AZN) today announced positive full results from the DECLARE-TIMI 58 cardiovascular (CV) outcomes trial (CVOT) for FARXIGA (dapagliflozin). The data were presented as a late-breaking abstract (#19485) at the American Heart Association (AHA) Scientific Sessions 2018 in Chicago, IL, and simultaneously published in the New England Journal of Medicine... More