AstraZeneca Announced Enhertu Approved In China For Patients With Previously Treated HER2-Positive Advanced Or Metastatic Gastric Cancer
Portfolio Pulse from Benzinga Newsdesk
AstraZeneca and Daiichi Sankyo's Enhertu has received conditional approval in China for treating HER2-positive advanced or metastatic gastric cancer in patients who have undergone at least two prior treatments.
August 13, 2024 | 9:20 am
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AstraZeneca's Enhertu has received conditional approval in China for treating HER2-positive advanced or metastatic gastric cancer, potentially expanding its market and revenue.
The approval of Enhertu in China opens up a significant market for AstraZeneca, likely boosting its revenue and market presence in the oncology sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The approval of Enhertu in China may positively impact the broader Chinese market, as represented by the iShares China Large-Cap ETF (FXI), due to potential growth in the healthcare sector.
The approval of a new cancer treatment in China could stimulate growth in the healthcare sector, which may benefit the iShares China Large-Cap ETF (FXI).
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50