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AstraZeneca, Merck & Co's Lynparza improves cancer survival rate

ALN

AstraZeneca PLC and Merck & Co Inc on Wednesday said their jointly-developed Lynparza drug reduces the risk of death in a form of breast cancer.

In data presented on Wednesday, the duo found Lynparza reduces the risk of death by 32% versus a placebo in sufferers of high-risk human epidermal growth factor receptor 2-negative early breast cancer.

HER2 cancer means the cancerous cells do not contain the HER2 protein, which helps cells grow quicker.

In addition, Lynparza improved the three-year survival rate to just under 93% from just over 89% in those taking a placebo.

At four years, the survival rate for those on Lynparza was just under 90%, versus just over 86% in the placebo.

AstraZeneca shares closed 0.4% higher at 9,416.00 pence each in London on Wednesday.

Merck & Co fell 1.1% to $77.75 in New York.

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