Market Overview

I think you’ll love what you hear,
what you’ll see and the opportunities
that will be set before you.
- Jon Najarian

AstraZeneca's Brilinta Found To Alleviate Cardiovascular Risk In Late-Stage Study

AstraZeneca's Brilinta Found To Alleviate Cardiovascular Risk In Late-Stage Study

AstraZeneca plc (NYSE: AZN) was saved from heartache after its heart disease drug Brilinta succeeded in a late-stage study, sending its shares higher Monday.

What Happened

AstraZeneca said the Phase 3 study dubbed THEMIS that evaluated Brilinta along with aspirin in patients with coronary artery disease, Type 2 diabetes and no prior heart attack or stroke showed a statistically significant reduction in a composite of major adverse cardiovascular events compared to aspirin alone.

Brilinta is an oral, reversible, direct-acting P2Y12 receptor antagonist that inhibits platelet activation, thereby preventing clots.

The THEMIS study is a multinational, randomized and double-blinded trial initiated in 2014 that evaluated 19,000 patients to collect 1,385 independently adjudicated primary endpoint events.

Why It's Important

The safety data was consistent with the known profile of Brilinta, AstraZeneca said.

"Approaches to help reduce cardiovascular morbidity further in patients with coronary artery disease and Type 2 diabetes are urgently needed. The positive result from the THEMIS trial may offer a potential benefit for this high-risk patient population," Elisabeth Björk, head of late cardiovascular, renal and metabolism in biopharmaceutical R&D, said in a statement. 

Brilinta was approved by the U.S. FDA in July 2011 to reduce cardiovascular death and heart attack in patients with acute coronary syndromes. In 2015, it was approved for long-term use in patients with a history of heart attacks. 

What's Next

AstraZeneca said a full evaluation of the THEMIS data will be presented at a forthcoming medical meeting.

At last check Monday, AstraZeneca shares were trading up 1.51 percent at $41.56. 

Related Links:

The Week Ahead In Biotech: Conferences, PDUFA Dates, Clinical Trials, Earnings, IPOs

Pharma M&A Wave: Spark Therapeutics, Clementia Pharma Among The Rare Disease Biotechs Acquired

Posted-In: BrilintaBiotech News Trading Ideas Best of Benzinga


Related Articles (AZN)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial

Veracyte Q4 Earnings Preview

2U Q4 Earnings Preview