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Amgen Says AstraZeneca Files Biologics License Application for Severe Asthma Drug Tezepelumab

05/10/2021 05:44

09:42 AM EDT, 05/10/2021 (MT Newswires) -- Amgen (AMGN) said Monday that AstraZeneca (AZN) has submitted a biologics license application to the US Food and Drug Administration for potential severe asthma treatment tezepelumab.

In a phase 3 trial, the drug showed a "statistically significant and clinically meaningful" reduction in annualized asthma exacerbation rate compared with placebo.

The drug is being developed under a collaboration agreement first signed between the parties in 2012.

AMGN and AZN shares were over 1% higher in early Monday trade.

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