AstraZeneca Announced Earlier, Andexxa Phase IV Trial Stopped Early After Achieving Pre-specified Criteria On Haemostatic Efficacy Vs Usual Care
Portfolio Pulse from Charles Gross
AstraZeneca announced that the Phase IV trial of Andexxa, a drug for patients on oral FXa-inhibitor treatment, will be stopped early after achieving pre-specified criteria on haemostatic efficacy versus usual care.
June 05, 2023 | 9:04 am
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AstraZeneca's Andexxa Phase IV trial stopped early after achieving pre-specified criteria, indicating positive results for the drug.
The early stopping of the Phase IV trial indicates that Andexxa has achieved its pre-specified criteria on haemostatic efficacy, which is a positive sign for the drug's efficacy and safety. This could lead to increased demand for the drug and potentially boost AstraZeneca's revenues, resulting in a positive short-term impact on the stock price.
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