1157 GMT - AstraZeneca's first-quarter results could show increased spending to support upcoming launches of new drugs camizestrant for breast cancer and baxdrostat for blood pressure, analysts at UBS say in a research note. Spending for diabetes drug Farxiga--for which the U.S. last week approved the first generic versions--has probably been shifted to support pre-launch activities for baxdrostat, UBS says. Meanwhile, Farxiga inventory reductions ahead of the patent expiration could weigh on the drug's sales, the analysts say. On the bright side, key oncology growth drivers at AstraZeneca such as Imfinzi, Tagrisso and Calquence are expected to deliver strong performances, they add. Shares rise 0.75% to 153.90 pounds. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 10, 2026 07:57 ET (11:57 GMT)
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