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AstraZeneca Pharma rises 4% on getting CDSCO nod to import cancer treatment drug

AstraZeneca Pharma stock has risen 57 percent in the last one year, outperforming benchmark Nifty 50 which has risen 30 percent during the same period.

March 27, 2024 / 17:00 IST
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AstraZeneca Pharma India Limited has received permission to import cancer treatment drug Trastuzumab deruxtecan lyophilized powder.

Shares of AstraZeneca Pharma India jumped over 4 percent on March 27, a day after the company informed that it has received permission to import, for sale and distribution, Trastuzumab deruxtecan lyophilized powder concentrate for solution for infusion 100mg (Enhertu) from the Central Drugs Standard Control Organisation.

Trastuzumab deruxtecan is indicated for the treatment of adult patients with unresectable or metastatic HER2-Low (IHC 1+ or IHC 2+/ISH-) breast cancer who have received prior chemotherapy in the metastatic setting or developed disease recurrence during or within 6 months of completing adjuvant chemotherapy, AstraZeneca said.

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It is also indicated for the treatment of adult patients with locally advanced or metastatic HER2-positive gastric or gastroesophageal junction (GEJ) adenocarcinoma who have received a prior trastuzumab-based regimen, the pharma company informed.

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