AstraZeneca stock falls after FDA panel votes against new cancer drug

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AstraZeneca stock falls after FDA panel votes against new cancer drug

Shares of AstraZeneca turned lower Friday after U.S. regulatory advisors voted against approving its experimental cancer drug. An advisory panel for the U.S. …

Shares of AstraZeneca turned lower Friday after U.S. regulatory advisors voted against approving its experimental cancer drug. An advisory panel for the U.S. Food and Drug Administration late Thursday voted 6-3 against AstraZeneca's oral drug camizestrant intended for the treatment of a type of breast cancer tumor, citing concerns around trial design. The FDA generally follows the recommendations of its advisory committees, but isn't bound to. …

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