AstraZeneca's Tagrisso Wins European Approval In Early Lung Cancer


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • AstraZeneca Plc’s (NASDAQ:AZN) top-selling Tagrisso drug has been approved for use in the European Union to treat patients with a type of early-stage lung cancer.
  • The European Commission has approved the lung cancer drug as an add-on (adjuvant) treatment for adults diagnosed early enough for the tumor to be surgically removed and have a mutation of the EGFR gene.
  • The approval was based on positive results from a late-stage trial, ADAURA, which showed Tagrisso cut the risk of the tumor growing back in patients or death by 80%.
  • Tagrisso brought in sales of $1.15 billion in the first quarter.
  • Price Action: AZN shares are down 0.21% at $56.77 in the premarket session on the last check Friday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: BiotechNewsHealth CareFDAGeneralBriefsEuropean Commissionlung cancer