focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 12,204.00
Bid: 12,204.00
Ask: 12,206.00
Change: 108.00 (0.89%)
Spread: 2.00 (0.016%)
Open: 12,150.00
High: 12,286.00
Low: 12,134.00
Prev. Close: 12,096.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

COVID fight could return 'to square one': experts sound vaccines alarm

Thu, 20th May 2021 15:48

By Kate Kelland

LONDON, May 20 (Reuters) - India's export ban on COVID-19
shots risks dragging the battle against the pandemic "back to
square one" unless wealthy nations step in to plug a gaping hole
in the COVAX global vaccine-sharing scheme, health specialists
said on Thursday.

COVAX, which is critical for poorer countries, relies on
AstraZeneca shots made by the Serum Institute of India,
the world's biggest maker of vaccines. It was already around 100
million doses short of where it had planned to be when India
halted exports a month ago amid a surge in infections there.

Rich countries with plentiful COVID-19 vaccine stocks must
now share them immediately, at scale, the global experts said,
otherwise the pandemic could be prolonged as the world struggles
to contain a virus that is continuing to spread and mutate.

"It is a huge concern," said Anna Marriott, health policy
manager at the global charity Oxfam. She and others said it was
imperative that wealthy countries and regions make good on their
rhetoric and share excess vaccines now.

"The current approach that relies on a few pharma monopolies
and a trickle of charity through COVAX is failing - and people
are dying as a result."

Reuters reported on Tuesday that India is extending its ban,
meaning it is now unlikely to resume major exports before
October.

Will Hall, global policy manager for the Wellcome global
health trust, said COVAX's heavy reliance on the Serum Institute
left it vulnerable. India's extension of its export ban made it
even more crucial for rich countries to share doses via the
scheme, he said, "not in six months' time, not in a month's
time, but now".

"We're not going to beat this virus unless we think and act
globally," he added. "We all should be concerned about this –
the more the virus continues to spread, the greater the risk of
it mutating to a stage where our vaccines and treatments no
longer work. If that happens we're back to square one."

A highly transmissible new variant of the novel coronavirus
first identified in India has spread to several countries around
the world.

'VERY FEW OPTIONS'

COVAX aims to get vaccines to at least 20% of the
populations of the more-than 90 low and middle-income countries
signed up to receive the shots as donations. It has so far
distributed about 65 million doses of mainly the AstraZeneca
COVID-19 vaccine, many of them to Africa.

A spokeswoman for the GAVI vaccines alliance, which co-leads
COVAX, said the facility was working hard to make up supplies.

"We're trying to find different ways of making sure that
those countries that have received the first dose are able to
also receive a second dose and that vaccinations can continue,"
she told Reuters. "What we need right now, to meet the immediate
needs, is dose sharing."

The United States said on Wednesday it would share a total
of 20 million doses of Pfizer's, Moderna's and Johnson &
Johnson's vaccines by the end of June, donating a
significant amount via COVAX, on top of 60 million AstraZeneca
shots it had already planned to give to other countries.

EU trade commissioner Valdis Dombrovskis said this week that
the bloc was working to significantly ramp up vaccine donations
through COVAX in the second half of 2021. Vaccine sharing
announced by EU member states has so far amounted to 11.1
million vaccines, he said, of which 9 million are being shared
via COVAX.

Britain, meanwhile, will have enough surplus doses to fully
vaccinate at least 50 million people in poorer countries once
every adult at home has been fully vaccinated, according to
analysis by UNICEF's UK office last week.

The GAVI spokeswoman said COVAX'S reliance on the Serum
Institute was based, largely, on its vast production capacity,
ability to deliver at low cost and on assurances that it would
be able to produce the millions of doses needed at speed.

"It always was COVAX's plan to grow and diversify its
portfolio to 10-12 vaccines but at the start of the year when
approved vaccines were only slowly coming online, we had very
few options available to us," she said.
(Reporting by Kate Kelland; Additional reporting by Francesco
Guarascio in Brussels and Ludwig Burger in Frankfurt; Editing by
Pravin Char)

More News
26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

Read more
25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

Read more
25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

Read more
25 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 hits high on offer for Anglo American

(Alliance News) - The FTSE 100 was outperforming European markets at midday on Thursday, with the index boosted to a record high thanks to takeover talks.

Read more
25 Apr 2024 10:33

AstraZeneca leaps after smashing first-quarter forecasts

Q1 revenue up 19% to $12.68 bln

*

Read more
25 Apr 2024 09:18

TOP NEWS: AstraZeneca upbeat as cancer drugs underpin sales growth

(Alliance News) - AstraZeneca PLC on Thursday hailed the potential of its drugs pipeline as it delivered impressive growth in sales and profit in the first quarter.

Read more
25 Apr 2024 09:12

LONDON MARKET OPEN: Anglo American jumps on takeover bid from BHP

(Alliance News) - Stock prices in London opened mixed on Thursday, as investors cautiously eye data on the health of the US economy.

Read more
25 Apr 2024 08:38

AstraZeneca blows past analysts' estimates for Q1

(Sharecast News) - AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.

Read more
25 Apr 2024 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:52

Sanofi profit slips on generic competition and currency effects

April 25 (Reuters) - Sanofi's first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent, the French drugmaker said on Thursday.

Read more
25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 06:30

Sanofi Q1 profit slips on generic competition, forex effects

April 25 (Reuters) - Sanofi's said on Thursday first-quarter operating income declined 14.7% as unfavourable currency effects and cheap competition to multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent.

Read more
24 Apr 2024 10:32

Angle shares jump on supplier agreement with with AstraZeneca

(Alliance News) - Angle PLC shares rose on Wednesday, after it signed a contract with AstraZeneca PLC.

Read more
24 Apr 2024 10:10

AIM WINNERS & LOSERS: Filtronic jumps as lifts outlook

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

Read more
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
Mobico Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Hikma Pharmaceuticals PLCTrading Statement
Focusrite PLCHalf Year Results
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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.