AstraZeneca breast cancer medicine slows disease by over six months
Camizestrant works as a hormone therapy to stop estrogen from attaching to cancer cells and helping them to grow.
New York: AstraZeneca Plc's experimental breast cancer pill delayed disease progression by over six months, according to data from a new study that is likely to capture investors' attention.
Camizestrant, in combination with other cancer medicines, helped patients with a specific type of breast cancer to live for a median of 16 months without their cancer progressing, compared with 9.2 months for those taking the current standard treatment.
Astra hopes the study data, presented at the American Society of Clinical Oncology's annual meeting in Chicago, will help establish a new treatment strategy for some breast cancer patients.
Camizestrant works as a hormone therapy to stop estrogen from attaching to cancer cells and helping them to grow.
When other potential uses for camizestrant are taken into account, Astra believes the drug could bring in over $5 billion in annual sales. But analysts are more cautious as other similar drugs have failed, with Barclays estimating potential peak year sales at $3.6 billion. AstraZeneca has established itself as a cancer drug powerhouse under CEO Pascal Soriot, with medicines including Tagrisso and Imfinzi fueling growth.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
a day ago
- Business Standard
Premier Explosives shares soar 16% as Q1 profit doubles; key numbers here
Shares of Premier Explosives surged over 16 per cent on Wednesday after the company's net profit doubled in the June quarter of the current financial year (Q1FY26). The explosives company's stock rose as much as 16.6 per cent during the day to ₹498 per share, the steepest intraday fall since May 19 this year. The stock pared gains to trade 14.2 per cent lower at ₹487.7 apiece, compared to a 0.48 per cent advance in Nifty 50 as of 12:35 PM. Shares of the firm have fallen over 30 per cent from their June peak to Tuesday's close and currently trade at 18 times the average 30-day trading volume, according to Bloomberg. The counter has fallen 5.6 per cent this year, compared to a 4 per cent advance in the benchmark Nifty 50. Premier Explosives has a total market capitalisation of ₹2,651.23 crore. Premier Explosives Q1 results The company reported a 109.7 per cent jump in net profit to ₹15.35 crore for the quarter ended June 2025, compared with ₹7.32 crore in the same period last year. Revenue rose 71.6 per cent year-on-year (Y-o-Y) to ₹142.15 crore. Ebitda grew 35 per cent to ₹20.9 crore from ₹15 crore a year earlier, while Ebitda margins narrowed by 400 basis points to 14.68 per cent from 18.48 per cent. The company's order book stood at ₹988.5 crore at the end of June, up from ₹750 crore at the close of the financial year 2025. Premier Explosives ₹300 crore fundraise The board has approved raising up to ₹300 crore through the issue of equity shares or other eligible securities via one or more public or private offerings. The fundraise may be carried out through preferential allotment, qualified institutional placement, rights issue, further public offering, or other permissible modes, subject to shareholder and other statutory approvals. About Premier Explosives Premier Explosives is engaged in the manufacturing of industrial explosives and detonators for mining, infrastructure, industries, defence and space. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Sriharikota Centre of ISRO and the Solid Fuel Complex at Jagdalpur under the umbrella of DRDO. The company is a supplier to major missile programs such as Akash, Astra, LRSAM, and others. It produces critical defence components like pyrogen igniters, explosive bolts, and other ammunition products. The company also manufactures bulk and packaged explosives, detonators, and accessories for mining and infrastructure projects.
Hindustan Times
6 days ago
- Hindustan Times
₹50 lakh– ₹1 crore homes dominate buyer demand between 2022 and 2024: Anarock AI data
Homes priced between ₹50 lakh and ₹1 crore were the top choice for Indian buyers in 2024, accounting for 35% of demand, up from 28% in 2022, according to AI-driven data from property consultancy ANAROCK. ₹ 50L– ₹ 1Cr homes led 2024 demand at 35%, up from 28% in 2022, per AI-driven data from property consultancy ANAROCK. (Photo for representational purposes only)(Pixabay) The insights are based on AI-led analysis of 2.8 million qualified leads by ANAROCK's proprietary consumer profiling platform, ASTRA, which uses 74 behavioural models to track buying trends, demographic shifts, and conversion patterns. The report said while the ₹50 lakh– ₹1 crore segment now holds the largest share of homebuyer interest, demand for homes above ₹1 crore has also grown steadily. The share of buyers in the ₹1–2 crore budget range rose from 14% in 2022 to 17% in 2024. Conversely, interest in budget homes under ₹25 lakh has fallen from 16% to 14% over the same period, signaling a clear tilt toward mid-segment and premium housing. 'Thanks to AI, it has become possible to create sophisticated ecosystems to analyse customer behaviour, predict purchasing patterns, and optimize sales strategies with unprecedented precision,' said Aayush Puri, head of ANAROCK Channel Partner and ANACITY. 'For instance, there has been a gradual increase in homebuyers over 36 years of age, and a reduction in the 25-35 age group - with 36-40 years constituting the largest age group in 2024." Also Read: Bengaluru housing sales dip 8% in Q2 2025 despite 12% increase in property prices: Anarock Decision timelines stretch, but luxury moves faster The trends revealed by ASTRA pointed out a rising average time from inquiry to booking. This "conversion timeline" has gone up from 25 days in 2022 to 28 days in 2024, indicating more deliberation among buyers. However, the opposite trend is seen in luxury real estate. For homes priced above ₹3 crore, the average time to booking has dropped to just 16 days in 2024, suggesting that high-value buyers tend to decide faster once they are engaged. Bookings from digital platforms, including developer websites and aggregators, have declined from 35% in 2022 to 30% in 2024. Meanwhile, the role of channel partners, brokers and brokerage firms has grown significantly, rising from 28% to 32% in the same period, the report said. Also Read: Is Bengaluru's luxury housing market softening amid job losses and economic uncertainty? Experts weigh in In fact, channel partners now play a critical role in both the ₹50 lakh– ₹1 crore range and in the luxury segment above ₹3 crore, ANAROCK said. The data also reveals a marked shift in unit preferences, with the share of buyers choosing 3BHK homes rising to 45% in 2024 from 38% in 2022. In contrast, demand for 1BHK units has dropped sharply, reflecting evolving family lifestyles and the influence of hybrid and remote work models.
Fashion Value Chain
6 days ago
- Fashion Value Chain
INR 50L-1Cr Homes Dominate from 2022-2024, Decision Cycles Rising
Largest share of buyers in INR 50 lakh-1 Cr budget range – ~28% in 2022, ~32% in 2023, ~35% in 2024 Share of buyers in up to INR 25 lakh range declines from ~16% in 2022 to 14% in 2024, share of buyers in INR 1-2 Cr segment rising – 14% in 2022, 16% in 2023, 17% in 2024 Avg. days from inquiry to booking rising – 25 days in 2022, 27 days in 2023, 28 days in 2024 Dominant buyer age group is consistently 31-35; youngest (<25) & oldest (>45) have smallest shares of buyer pool Buying sources – digital sources down from ~35% (2022) to ~30% (2024); channel partner sources rise from ~28% (2022) to ~32% (2024); offline channels rise from ~25% (2022) to ~28% (2024). Referral channels hover at ~12% The application of artificial intelligence (AI) to real estate customer profiling has fundamentally transformed how leading property brokerages leverage technology to understand and serve their customers. ANAROCK has analysed some of its customer intelligence data from 2020 to 2024 to reveal significant shifts in buyer demographics and preferences. Aayush Puri, Head – ANAROCK Channel Partner & ANACITY Aayush Puri, Head – ANAROCK Channel Partner & ANACITY, says, 'Thanks to AI, it has become possible to create sophisticated ecosystems to analyse customer behaviour, predict purchasing patterns, and optimize sales strategies with unprecedented precision. Data from our proprietary AI tool ASTRA, which analyses consumer behaviour data from 2.8 million qualified leads via 74 different models, provides several interesting insights. For instance, there has been a gradual increase in homebuyers over 36 years of age, and a reduction in the 25-35 age group – with 36-40 years constituting the largest age group in 2024. We have also tracked budget range and unit configuration preferences, and conversion or days-to-booking timelines.' The use of such AI platforms represents a paradigm shift from traditional, intuition-based real estate practices to data-driven decision making. They deliver measurable improvements in lead conversion rates, customer targeting, and overall business efficiency. The real estate industry has historically struggled with customer profiling due to the complex, multifaceted nature of property purchasing decisions. Traditional forecasting methods often fall short in capturing the intricate relationships between property attributes, market conditions, and customer preferences. Manual lead scoring processes, heavily reliant on human judgment and fixed criteria, are prone to inconsistencies and lack the flexibility needed to adapt to rapidly changing market dynamics. Evolving Buyer Age Distribution The data shows a consistent shift toward older homebuyers, with the proportion of buyers under 35 decreasing significantly. In 2024, buyers aged 36-40 represented the largest segment, while the under-25 demographic fell to just 4% from 8% in 2020. Evolution of Home Buyer Age Groups (2020-2024) Budget Preference Changes 'Our data shows that there has been a substantial increase in preference for homes above INR 1 crore, rising from 18% in 2023 to 32% in 2024,' says Aayush Puri. 'This trend toward premium properties is particularly pronounced among buyers over 41 years of age, who are driving demand for homes in the INR 2+ crore category.' Home Buyer Budget Distribution Trends(2022-2024) Conversion (Days-to-booking) Timelines ANAROCK's AI-enabled tracking and prediction of customer conversion timelines shows that the average days to booking increased from 25 days in 2022 to 28 days in 2024. Interestingly, luxury properties above INR 3 crores showed a reduction in conversion time to 16 days in 2024, indicating that high-value customers make decisions more quickly once engaged. Average Days to Booking Trend (2022-2024) Other Findings Buying Channels – The data shows a gradual decline in digital source (developer and property aggregator website) bookings over the last three years. On the other hand, bookings via channel partners – brokers and brokerages retained by developers to market their projects – gained higher prominence. In 2024, channel partners became particularly significant in the INR 50L-1Cr and above INR 3Cr segments. Channel Source Mix Trends (2022-2024) Configuration Preferences – The analysis shows a growing preference for 3BHK units, which increased to 45% in 2024 from 38% in 2022, while 1BHK preferences declined significantly. This shift reflects changing lifestyle needs and the impact of remote work trends. Current AI Trends in Real Estate Brokering The real estate industry is undergoing an unprecedented technological transformation, with AI and machine learning at the forefront. Even as AI-powered predictive analytics now drive market forecasting, property valuations, and investment risk assessment, AI chatbots interact with customers, provide them with personalized property recommendations, and take them on virtual tours. Property marketplaces enhanced with AI can match buyers to properties with 95% accuracy based on their preferences. Traditional rule-based lead scoring is being replaced by AI-driven systems that can analyse complex behavioural patterns and demographic data. AI-based lead scoring systems can improve conversion rates by 30% through personalized property recommendations. About ANAROCK PROPERTY CONSULTANTS PVT. LTD. ANAROCK is India's leading independent real estate services company with a presence across India and the Middle East. The Chairman, Mr. Anuj Puri, is a highly respected industry veteran and Indias most prominent real estate thought leader. The Company has diversified interests across the real estate lifecycle and deploys its proprietary technology platform to accelerate marketing and sales. ANAROCKs services include Residential Broking and Technology, Retail, Commercial, Investment Banking, Hospitality (via HVS ANAROCK), Land Services, Warehousing and Logistics, Investment Management, Research and Strategic Advisory & Valuations. The Company has a unique business model, which is an amalgamation of traditional product sales supported by a modern technology platform with automated analytical and reporting tools. This offers timely solutions to its clients, while delivering financially favourable and efficient results. ANAROCK has a team of over 2000 certified and experienced real estate professionals who operate across all major Indian (Mumbai, Navi Mumbai, Pune, Ahmedabad, NCR – Delhi, Gurugram, Noida, Ghaziabad, Chennai, Bangalore, Hyderabad, Kolkata, Lucknow) and GCC markets, and within a period of two years, has successfully completed over 300 exclusive project mandates. ANAROCK also manages over 80,000 established channel partners to ensure global business coverage. Our assurance of consistent ethical dealing with clients and partners reflects our motto – Values Over Value. Please visit
