Drug ApprovalThe FDA approved AZN's Datroway in HR+/HER2 negative/null breast cancer patients, marking its first US approval and the second global approval.
Financial PerformanceAZN raised financial guidance for FY24, guiding to high-teens percentage increase for total revenue and core EPS, from a previous mid-teens increase.
Market PotentialStrong fundamentals such as low IP risks, active label expansion, and a diverse pipeline with near-term catalysts suggest AZN's value is not fully reflected in its share price.