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Fast-Growing AstraZeneca Brushes Off China Rumors And Dato-DXd Concerns

Totality Of Data Will Reassure, Claims CEO

 
• By Andrew McConaghie

The company exceeded revenue and profit expectations in Q2, but sought to calm concerns about a rumored China spin-out and underwhelming Phase III data.

Astrazeneca

AstraZeneca has brushed off market concerns about its next potential cancer blockbuster, the antibody-drug conjugate datopotamab deruxtecan (Dato-DXd), and about its future in China, where the company has an industry-leading presence.

CEO Pascal Soriot fielded questions about both hot topics on the company’s Q2 calls with media and analysts, reiterating its confidence in the data from the Phase III TROPION-Lung01 study in non-small cell lung cancer

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