Benzinga | May 28, 2021 08:27AM EDT

AstraZeneca's Tagrisso Wins European Approval In Early Lung Cancer

* AstraZeneca Plc's (NASDAQ:AZN) top-selling Tagrisso drug has been approved for use in the European Union to treat patients with a type of early-stage lung cancer.

* The European Commission has approved the lung cancer drug as an add-on (adjuvant) treatment for adults diagnosed early enough for the tumor to be surgically removed and have a mutation of the EGFR gene.

* The approval was based on positive results from a late-stage trial, ADAURA, which showed Tagrisso cut the risk of the tumor growing back in patients or death by 80%.

* Tagrisso brought in sales of $1.15 billion in the first quarter.

* Price Action: AZN shares are down 0.21% at $56.77 in the premarket session on the last check Friday.