-+ 0.00%
-+ 0.00%
-+ 0.00%
AstraZeneca Completes License Agreement for Lung Cancer Treatment
Share
Listen to the news
02:19 AM EDT, 09/01/2026 (MT Newswires) -- AstraZeneca (AZN.L, AZN.ST) completed its exclusive license agreement for Zegfrovy, an oral irreversible epidermal growth factor receptor inhibitor for patients with lung cancer. The agreement with Dizal Pharmaceutical Co. grants the pharmaceutical giant worldwide rights to develop and commercialize Zegfrovy, according to a Tuesday release. The company will make an upfront payment of $600 million to Dizal, with an additional payment of up to $900 million to be made subject to certain milestones. Dizal will also received tiered royalties from sales of Zegfrovy.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending