Streetbeat News

ALPMY

Astellas Pharma Inc.

https://www.astellas.com/jp/

CEO

Kenji Yasukawa

Industry

Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)

Open

9.88

Mkt cap

18B

Volume

2.8K

High

9.91

P/E Ratio

-44.95

52-wk high

13.14

Low

9.76

Div yield

0.05

52-wk low

9.05

Nuvation Bio Inc. (NYSE:NUVB) has decided to halt the development of its BD2-selective BET inhibitor, NUV-868, after analyzing Phase 1 data. The company will not proceed with Phase 2 studies and is evaluating future steps for the program. NUVB stock fell 7.41% following the announcement.

Portfolio Pulse from Vandana Singh

August 05, 2024 | 6:27 pm

Astellas Pharma has received a positive opinion from the CHMP for its drug zolbetuximab, which targets CLDN18.2, for the treatment of advanced gastric and gastroesophageal junction cancer. If approved by the European Commission, it would be the first CLDN18.2-targeted therapy in the EU, with a decision expected by October 2024.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:48 pm

Astellas Pharma has received a positive opinion from the CHMP for the approval of PADCEV in combination with KEYTRUDA for the first-line treatment of advanced bladder cancer. This combination could become the first alternative to platinum-containing chemotherapy, showing nearly double the median overall survival in clinical trials.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 3:47 pm

Astellas has announced a collaboration with YASKAWA to develop an innovative cell therapy ecosystem by integrating pharmaceutical and robotics technologies.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 4:59 am

Astellas and Poseida Therapeutics have entered into a research collaboration and license agreement to develop novel allogeneic cell therapies for oncology, focusing on solid tumors using Poseida's proprietary allogeneic CAR-T platform.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 7:29 am

Astellas' XTANDI (Enzalutamide) has received approval from the European Commission for use in a new treatment setting for high-risk biochemical recurrent non-metastatic hormone-sensitive prostate cancer in the EU. This makes XTANDI the first novel hormone therapy available for this condition in the EU. The approval is based on the positive results from the Phase 3 EMBARK study, which demonstrated that XTANDI, alone or in combination with leuprolide, significantly reduced the risk of metastasis or death.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 6:23 am

Astellas has submitted a supplemental new drug application in Japan for the combination of PADCEV™ (enfortumab vedotin) and KEYTRUDA® (pembrolizumab) as a first-line treatment for advanced bladder cancer. The pivotal trial showed that this combination significantly improved overall and progression-free survival compared to the current standard platinum-containing chemotherapy. If approved, it would be the first non-chemotherapy combination treatment for this condition in Japan.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 6:34 am

The Global Data report indicates a decrease in pharma sector M&A deals in Q3 2023 compared to Q2 2023, with a 28% drop in deal value and a 9% drop in deal volume. However, PricewaterhouseCoopers forecasts a positive outlook for 2024, expecting a return to pre-pandemic levels of M&A activity. Notable deals in 2023 include acquisitions by Pfizer, Bristol Myers Squibb, Merck, AbbVie, Biogen, and Astellas Pharma.

Portfolio Pulse from Vandana Singh

December 29, 2023 | 12:04 pm

Elpiscience and Astellas Pharma have entered into a research collaboration and license agreement to develop a novel bispecific macrophage engager, which could have implications for cancer treatment. The financial terms and specific details of the collaboration were not disclosed in the article.

Portfolio Pulse from Benzinga Newsdesk

December 28, 2023 | 6:58 am

The European Medicines Agency has recommended Astellas Pharma Inc.'s drug, Arpraziquantel, for the treatment of schistosomiasis in preschool-aged children. This recommendation could lead to increased use of the drug in this age group across Europe.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 6:19 am

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