Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12,118.00
Bid: 12,120.00
Ask: 12,124.00
Change: 68.00 (0.56%)
Spread: 4.00 (0.033%)
Open: 11,966.00
High: 12,162.00
Low: 11,966.00
Prev. Close: 12,050.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Berlin, AstraZeneca Reject Reports On Covid Jab Efficacy In Elderly

Tue, 26th Jan 2021 20:35

(Alliance News) - Germany's health ministry on Tuesday joined AstraZeneca PLC in rubbishing reports quoting unnamed government sources that claimed the British-Swedish company's Covid-19 vaccine showed little efficacy for people above 65.

Handelsblatt economic daily had reported Monday that Berlin had estimated the efficacy of the jab among over-65s was just 8%, citing unnamed sources.

Separately, Bild daily quoted anonymous sources saying that Berlin did not expect the vaccine – developed with Oxford University and set to get the green light from the EU this week – would receive a licence for use in the elderly. It quoted an efficacy rate of "less than 10%".

But Germany's health ministry said Tuesday it "appears that two things have been mixed up in the reports."

"Around 8% of the volunteers in AstraZeneca's efficacy studies were around 56 and 69 years old and 3% to 4% are above 70 years old," said the ministry.

"However, this does not mean that it is effective only in 8% of older people," it added.

The health ministry added that European regulator EMA will evaluate the effectiveness of the vaccine.

"It has been known since the autumn that fewer older people were involved in AstraZeneca's first studies than in other manufacturers'," it said.

The company also rejected the German media reports as erroneous. 

"Reports that the AstraZeneca/Oxford vaccine efficacy is as low as 8% in adults over 65 years are completely incorrect," the firm said in a statement late Monday.

"In November, we published data in The Lancet demonstrating that older adults showed strong immune responses to the vaccine, with 100% of older adults generating spike-specific antibodies after the second dose," it added.

AstraZeneca Chief Executive Officer Pascal Soriot told Germany's Die Welt newspaper on Tuesday he had "no idea" where the false claim came from, saying it was incredulous to think regulators would approve a vaccine that had an efficacy of just 8%.

He also hit back in a growing row with the EU that erupted after AstraZeneca last week announced a delay in delivering millions of doses of its Covid-19 vaccine over unexplained "reduced yields" in its European supply chain.

The EU on Monday issued an angry warning, saying it would take "any action required to protect its citizens and its rights".

AstraZeneca's Soriot told Welt that the pharma company has a "best effort" agreement with the bloc to deliver a certain number of doses by a certain time, but was not contractually bound by it. 

He also said that Britain, which is further along in its vaccine drive, had signed a deal for the jabs three months before Brussels did, which had allowed for more time to iron out supply issues.

The EU has currently authorised two vaccines for widespread distribution, manufactured by BioNTech/Pfizer and Moderna. 

It was set to add the AstraZeneca vaccine this week, on the understanding that it would be already on hand and available for immediate rollout.

AstraZeneca shares closed up 0.7% at 7,952.00 pence each in London on Tuesday.

source: AFP

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
16 Jan 2024 11:58

LONDON MARKET MIDDAY: FTSE 100 falls despite cooler UK wage growth

(Alliance News) - The FTSE 100 in London was down at midday Tuesday, as investors nervously eye Wednesday's UK inflation data and what it will mean for interest rates.

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
16 Jan 2024 08:15

UBS downgrades AstraZeneca to 'sell'

(Sharecast News) - UBS has downgraded AstraZeneca and upgraded rival GSK as part of its latest review of the European pharmaceutical sector.

Read more
9 Jan 2024 10:50

Novartis in advanced talks to buy Cytokinetics- source

Jan 9 (Reuters) - Swiss drugmaker Novartis is in the lead to acquire Cytokinetics in a deal that could value the drug developer at well over $10 billion, a source familiar with the matter said on Monday.

Read more
8 Jan 2024 14:08

Late M&A bonanza stokes healthcare dealmakers ahead of JPMorgan conference

NEW YORK, Jan 5 (Reuters) - Healthcare dealmakers are making their way to San Francisco for a major industry conference, optimistic that more deals are in the offing after a wave of biotech company takeovers at the end of last year.

Read more
6 Jan 2024 17:44

Late M&A bonanza stokes healthcare dealmakers ahead of JPMorgan conference

NEW YORK, Jan 5 (Reuters) - Healthcare dealmakers are making their way to San Francisco for a major industry conference, optimistic that more deals are in the offing after a wave of biotech company takeovers at the end of last year.

Read more
5 Jan 2024 12:00

Late M&A bonanza stokes healthcare dealmakers ahead of JPMorgan conference

NEW YORK, Jan 5 (Reuters) - Healthcare dealmakers are making their way to San Francisco for a major industry conference, optimistic that more deals are in the offing after a wave of biotech company takeovers at the end of last year.

Read more
3 Jan 2024 17:48

London close: Stocks fall amid rising geopolitical concerns

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 11:07

Jefferies upgrades GSK to 'buy', cuts AstraZeneca to 'hold'

(Sharecast News) - Jefferies has upgraded its rating on GlaxoSmithKline to 'buy' and cut AstraZeneca to 'hold' as part of its review of the European pharma sector.

Read more
3 Jan 2024 10:16

IN BRIEF: Nuformix narrows annual loss as develops drug assets

Nuformix PLC - London-based developer of treatments for fibrosis and oncology via drug repurposing - Pretax loss narrows to GBP927,972 in 18 months that ended September 30 from GBP1.3 million in the 12 months that ended March 31, 2022, following its change of financial year-end. Has no meaningful revenue in either period, so reduced loss is due to lower administrative expenses.

Read more
3 Jan 2024 10:12

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
3 Jan 2024 09:23

LONDON BROKER RATINGS: GSK raised to 'buy'; AstraZeneca cut to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

Read more
3 Jan 2024 08:04

C4X receives USD11 million from AstraZeneca following NRF2 trials

(Alliance News) - C4X Discovery Holdings PLC on Wednesday said it has received payment from AstraZeneca PLC following trials of the C4X respiratory disease therapy treatment.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.