AstraZeneca PLC

AZN: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 81,756.00	Yhxjj	Lhrmbyyjvw

AstraZeneca: Mixed Phase 3 Datopotamab Deruxtecan Data Pressures Stock, but Reaction Looks Overdone

Damien Conover

Jul 4, 2023

AstraZeneca reported mixed phase 3 data for datopotamab deruxtecan in lung cancer, but we don’t see the data as having a major impact on the firm’s fair value or wide moat. The cancer treatment datopotamab deruxtecan represents a moderate sales opportunity in our valuation model with peak annual sales close to $1 billion since we have only seen limited early-stage clinical data.

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