AstraZeneca, Junshi Bio collaborate to commercialize toripalimab in China

  • Junshi Biosciences grants AstraZeneca (NASDAQ:AZN) exclusive promotion rights of toripalimab in mainland China for the urothelial carcinoma indications and for all indications in non-core areas.
  • Junshi will continue to be responsible for the promotion of other indications in core areas.
  • The companies will continue to explore overseas business collaboration including the emerging markets and explore possibility of future collaborations.
  • The supplemental NDA of Toripalimab for the second-line treatment of metastatic urothelial carcinoma was accepted in China in May 2020 and it received priority review designations in July 2020.
  • In September 2020, Toripalimab was granted Breakthrough Therapy Designation by the FDA for the treatment of recurrent/metastatic nasopharyngeal carcinoma.

    Expectations Astrazeneca

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    Historical revenues and results Astrazeneca plus estimates 2020

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    The analysts expect for 2021 a net profit of 6.83 billion GBp. The majority of the analysts expects for this year a profit per share of 507 GBp. So the price/earnings-ratio equals 13.52.

    Huge dividend Astrazeneca

    Per share the analysts anticipate on a dividend of 284 GBp per share. Thus the dividend yield equals 4.14 percent. The average dividend yield of the pharmaceutical companies is a low 0.38 percent.

    Astrazeneca 's market capitalization is based on the number of outstanding shares around 8997.33 billion GBp. The Astrazeneca stock was the past 12 months quite volatile. Since last March the stock is 6 percent lower. This year the stock price moved between 5871 and 10120 GBp.

    Historical stock prices Astrazeneca period 2007-2021

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    Click here for dividend Astrazeneca. At 13.37 the stock trades 0.22 percent higher at 6857 GBp.

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