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July 17, according to Russian media and officials, Ukrainian drones have appeared in many parts of Russia. On the night of July 17, the Ukrainian military launched a larger drone attack on western Russia, including Moscow. Moscow Mayor Sobyanin claimed that the air defense system shot down three drones approaching the Russian capital between 2:03 a.m. local time, but did not mention casualties or losses. In St. Petersburg, Pulkovo Airport suspended operations at 5 a.m. local time, possibly due to the approach of drones. The governor of Belgorod Oblast said that Ukrainian drones launched an attack in the city of Belgorod, killing one person and injuring six people. In the city of Voronezh, a drone attacked a residential building, injuring three children.Johnson, speaker of the U.S. House of Representatives, said that the vote on the GENIUS bill will take place tomorrow and the CLARITY bill may take place next week. He also added that the House of Representatives will include anti-CBDC (central bank digital currency) legislation in the National Defense Authorization Act (NDAA).On July 17, Citi Research reported that Baidus (09888.HK) advertising revenue may continue to be under pressure in the second half of the year. With the tech giant rapidly improving its AI search capabilities and low sentiment for advertising spending, the drag on advertising revenue may be greater than Citi previously expected. The bank lowered Baidus core advertising revenue forecasts for the second and third quarters by 6.1% and 8.9%, respectively. Given the greater negative impact of higher-margin advertising revenue, Citi analysts also lowered Baidus core operating profit forecasts for the second and third quarters by 21% and 24%, respectively. Citi maintained its buy rating on Baidu and raised its ADR target price from $138 to $140.The Hang Seng Index turned to decline during the session, having previously risen by more than 0.6%.Kazuhiko Aoki, Deputy Chief Cabinet Secretary of Japan: We will create a stable market environment to ensure the smooth issuance of Japanese government bonds.

AstraZeneca's Breast Cancer Medication Could Be Used More Widely After New Results

Charlie Brooks

Jun 06, 2022 10:56

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According to data published on Sunday, AstraZeneca (NASDAQ:AZN) and Daiichi Sankyo's Enhertu increased survival by more than six months in patients with advanced breast cancer compared to usual chemotherapy.


The data, which was presented at the American Society of Clinical Oncology (ASCO) meeting in Chicago, might open a big, new multibillion-dollar patient group for the medicine that received U.S. approval late in 2019 for the 15 percent of breast cancer patients with HER2-positive illness.


Over 550 patients with so-called HER2-low breast cancer - the majority with hormone-sensitive tumors - whose disease had progressed and who had completed at least one round of chemotherapy are participating in the ongoing phase III research.


The interim analysis revealed that Enhertu increased survival by an extra 6,4 months in hormone-sensitive tumor patients. The group had a median survival rate of 23.9 months, compared to 17.5 months for chemotherapy patients.


In the small sample of patients with hormone-resistant tumors, Enhertu improved survival by 6.3 months.


David Fredrickson, executive vice president of AstraZeneca's oncology unit, expressed surprise to Reuters that the improvement in overall survival was obvious even at the interim analysis point.


This provides a great deal of assurance that the benefit we are observing here is genuine.


The prognosis for individuals with advanced HER2-positive breast cancer has been vastly improved by a variety of targeted therapy. More than half of women whose breast cancer has progressed to other organs and express little or no HER2 have restricted therapeutic options; this is known as HER2-low status.


It was statistically significant that hormone-sensitive patients who got Enhertu had a progression-free survival (PFS) of 10.1 months on average, compared to 5.4 months for chemotherapy.


Enhertu more than doubled the PFS for hormone-insensitive individuals, from 2.9 months with chemotherapy to 6.6 months with Enhertu.


AstraZeneca is in talks with regulators worldwide regarding authorisation for the HER2-low population. Analysts at Jefferies predicted last month that annual global peak sales of Enhertu for these patients would reach $2.5 billion, and around $6.6 billion for all indications.


There are safety issues with the medicine, which is provided by intravenous infusion. It has been associated with interstitial lung disease, a form of lung scarring (ILD). In the trial, 45 Enhertu patients developed varied degrees of ILD, compared to one patient in the chemotherapy group.


Enhertu is part of a therapeutic class known as antibody drug conjugates (ADC), which are designed antibodies that bind to cancer cells and release cell-killing chemicals.


A study showed that it lowered the risk of disease progression or death by 72% when compared to Roche's Kadcyla, the standard treatment. It was approved as a second-line treatment option last month.


Enhertu is being studied for usage in breast cancer's earliest stages, as well as lung and colorectal malignancies. It has been approved for HER2-positive stomach cancer.


Reuters quoted Tara Hansen, a consultant at Informa Pharma Custom Intelligence, as saying, "As far as breast cancer is concerned, I'm rather certain that Enhertu will finish revolutionizing the therapy paradigm over the next five years."


In 2021, Enhertu generated $214 million in revenue. Three years ago, AstraZeneca acquired partial rights to the Daiichi Sankyo chemical in a deal valued up to $6.9 billion.


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