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AstraZeneca FDA approval for breast-cancer drug supports sentiment

Citi says AstraZeneca’s U.S. Food and Drug Administration approval for breast-cancer drug Etcamah may matter more for investor sentiment than near-term revenue. The approval points to a relatively modest opportunity versus the larger market.

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02:36:02 PM UTC
SquawkNews
AstraZeneca is opening a new treatment paradigm in breast cancer with its Etcamah drug, which just got the green light from the U.S. Food and Drug Administration, Jefferies analysts say. This is arguably one of the most important approvals in breast cancer of the recent past, the analysts say. The…

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