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Quartz·1 min read·medium

AstraZeneca stock plunges after late-stage heart drug trial misses its target

Cris Tolomia
AI Summary

AstraZeneca's stock value dropped by $27 billion following the failure of its Wainua drug trial. The medication failed to meet its primary goal of reducing cardiovascular deaths and heart-related events.

The British drugmaker lost roughly $27 billion in market value after Wainua failed to reduce cardiovascular deaths and recurring heart events

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