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Astellas Pharma - ALPMY STOCK NEWS

Welcome to our dedicated page for Astellas Pharma news (Ticker: ALPMY), a resource for investors and traders seeking the latest updates and insights on Astellas Pharma stock.

Astellas Pharma Inc. is a global pharmaceutical company with operations in over 70 countries. The company focuses on creating innovative drugs to treat diseases with high unmet medical needs by emphasizing Biology and Modality. Beyond traditional pharmaceuticals, Astellas is exploring Rx+® healthcare solutions in collaboration with cutting-edge technology partners. Astellas recently opened a state-of-the-art West Coast Innovation Center in South San Francisco, enhancing its commitment to biotech innovation.

The company is actively involved in research and development, with recent advancements in cancer therapies like zolbetuximab, a monoclonal antibody targeting gastric and gastroesophageal cancers. Astellas' collaborations with Pfizer and Merck, as well as YASKAWA Electric Corporation, demonstrate its commitment to pioneering research and creating new treatment paradigms by integrating pharmaceutical and robotics technologies.

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Astellas Pharma has announced that the European Medicines Agency (EMA) has accepted its marketing authorization application for zolbetuximab, a first-in-class investigational monoclonal antibody for the treatment of gastric cancer. If approved, zolbetuximab would be the first therapy of its kind available in Europe. Gastric cancer accounted for 3.1% of all new cancer cases in Europe in 2020, with an average five-year survival rate of 26% across all stages.
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Astellas Pharma Inc. has completed the acquisition of IVERIC bio, Inc. Iveric Bio is now Astellas' wholly-owned subsidiary. The acquisition was completed on July 11, 2023, following all necessary approvals. Astellas aims to become a leader in the development and commercialization of treatments for retinal diseases.
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FAQ

What is the current stock price of Astellas Pharma (ALPMY)?

The current stock price of Astellas Pharma (ALPMY) is $9.73 as of February 21, 2025.

What is the market cap of Astellas Pharma (ALPMY)?

The market cap of Astellas Pharma (ALPMY) is approximately 16.9B.

What is Astellas Pharma Inc. known for?

Astellas Pharma Inc. is recognized as a leading global pharmaceutical company operating in over 70 countries, focusing on developing innovative drugs for diseases with high unmet medical needs.

What recent achievements has Astellas Pharma Inc. made?

Astellas recently inaugurated a modern West Coast Innovation Center in South San Francisco, enhancing its presence in the biotech ecosystem.

What is zolbetuximab, and why is it significant?

Zolbetuximab is an investigational monoclonal antibody aimed at treating gastric and gastroesophageal cancers and is a testament to Astellas' commitment to pioneering cancer therapies.

How does Astellas collaborate with other companies like Pfizer, Merck, and YASKAWA Electric Corporation?

Astellas collaborates with Pfizer, Merck, and YASKAWA Electric Corporation to advance research and development in innovative treatments through partnerships that integrate pharmaceutical and robotics technologies.

What is Astellas Pharma Inc.'s focus beyond traditional pharmaceuticals?

Astellas is exploring Rx+® healthcare solutions with cutting-edge technology partners, aiming to create innovative treatment approaches beyond traditional pharmaceuticals.
Astellas Pharma

OTC:ALPMY

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16.86B
1.79B
0.02%
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