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: 12,510.00
Bid: 12,524.00
Ask: 12,526.00
Change: 118.00 (0.95%)
Spread: 2.00 (0.016%)
Open: 12,468.00
High: 12,556.00
Low: 12,434.00
Prev. Close: 12,392.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

for Peter G UPDATE 5-AstraZeneca COVID-19 vaccine can be 90% effective, results show

Mon, 23rd Nov 2020 07:17

(Adds quotes, details)

By Kate Holton and Josephine Mason

LONDON, Nov 23 (Reuters) - Britain’s AstraZeneca
said on Monday its vaccine for the novel coronavirus could be
around 90% effective without any serious side effects.

The vaccine developed by Oxford University was 90% effective
in preventing COVID-19 when it was administered as a half dose
followed by a full dose at least one month apart, according to
data from the late-stage trials in Britain and Brazil.

No serious safety events related to the vaccine have been
confirmed and it was well tolerated across both dosing regimens,
it said.

"This vaccine's efficacy and safety confirm that it will be
highly effective against COVID-19 and will have an immediate
impact on this public health emergency," Pascal Soriot, Astra's
chief executive, said in a statement.

The overall effectiveness was lower when measured across
different dosing regimes, giving an apparent initial advantage
to rival vaccines from Pfizer and Moderna. But scientists also
noted there may be advantages to AstraZeneca's vaccine.

"Importantly, from what we have heard the vaccine seems to
prevent infection not just disease. This is important as the
vaccine could reduce the spread of the virus as well as protect
the vulnerable from severe disease," said Peter Horby, a
professor of emerging infectious diseases and global health at
the University of Oxford.

He also noted that the Oxford vaccine "can be stored in the
fridge, as opposed to the freezer like the other two vaccines,
which means it is a more practical solution for use worldwide.”

The British drugmaker's preliminary trial results mark a
fresh breakthrough in the fight against a pandemic that has
killed nearly 1.4 million people and roiled the global economy.

British Prime minister Boris Johnson said it was "incredibly
exciting news the Oxford vaccine has proved so effective in
trials".

AstraZeneca shares fell 1.1% in early morning trade, defying
expectations for a bounce and underperforming the wider market
with the FTSE 100 index rising 0.5% at the open, as traders
perceived the efficacy data as disappointing compared with
results from rivals.

Efficacy fell to 62% when the vaccine was given as two full
doses at least one month apart. The combined analysis from both
dosing regimens resulted in an average efficacy of 70%. All
results were statistically significant.

The interim analysis was based on 131 infections among
participants who received the vaccine and those in a control
group who were given an established meningitis shot.

While the efficacy reading from Astra's viral vector vaccine
is lower than its U.S. rivals, the data will boost confidence
about the chances of successfully developing a variety of
vaccines using different approaches. Public health experts say
the world will need many vaccines to meet global demand.

On Nov. 16, U.S.-based Moderna Inc said its
experimental vaccine proved to be 94.5% effective based on an
early data analysis.

A week earlier, Pfizer Inc and Germany's BioNTech SE
said their vaccine candidate had demonstrated
greater than 90% efficacy that rose to 95% with analysis of full
trial data.

Russia's Sputnik-V vaccine on Nov. 11 was also shown to be
more than 90% effective, though only based on 20
infections.

The AstraZeneca vaccine uses a modified version of a
chimpanzee common cold virus to deliver instructions to cells to
fight the target virus, which is different than the new
technology known as messenger RNA (mRNA) deployed by
Pfizer/BioNTech and Moderna.

The Astra vaccine does not require ultra-cold storage which
may make it easier to administer than the Pfizer-BioNTech shot,
which needs to be refrigerated at -70 degrees.

The company - one of the UK's most valuable listed companies
- will now immediately prepare regulatory submission of the data
to authorities around the world that have a framework in place
for conditional or early approval.

It will also seek an emergency use listing from the World
Health Organization to speed up availability in low-income
countries. In parallel, the full analysis of the interim results
is being submitted for publication in a peer-reviewed journal.

(Reporting by Kate Holton in London and Josephine Mason; Aakash
Jagadeesh Babu in Bengaluru; Editing by Guy Faulconbridge,
Christopher Cushing and Peter Graff)

More News
26 Dec 2023 21:26

Wall Street ends higher in final stretch of 2023, rate cuts in view

Intel up on $3.2 bln grant from Israel

*

Read more
26 Dec 2023 21:00

Wall Street ends higher in final stretch of 2023, rate cuts in view

Intel up on $3.2 bln grant from Israel

*

Read more
26 Dec 2023 19:41

Wall Street gains on final stretch of 2023, rate cuts in view

Intel up on $3.2 bln grant from Israel

*

Read more
22 Dec 2023 08:47

AstraZeneca, Ionis get US FDA nod for Wainua in "important milestone"

(Alliance News) - AstraZeneca PLC and Ionis Pharmaceuticals Inc on Friday celebrated the news that their drug eplontersen was approved by the US Food & Drug Administration.

Read more
22 Dec 2023 07:50

LONDON BRIEFING: UK on brink of recession as economy contracts in Q3

(Alliance News) - Stocks in London are likely to open lower on Friday, with investors feeling frosty ahead of a US inflation print this afternoon, amid sobering UK economic growth data.

Read more
22 Dec 2023 07:17

AstraZeneca gets FDA green light for nerve disease treatment

(Sharecast News) - The US Food and Drug Administration has approved the Wainua nerve disease treatment jointly developed by AstraZeneca and Ionis Pharmaceuticals.

Read more
19 Dec 2023 19:56

US adds 13 companies in China to Unverified List

WASHINGTON, Dec 19 (Reuters) - The United States has added 13 companies in China to a list of entities receiving U.S. exports that officials have been unable to inspect, according to a government notice posted on Tuesday.

Read more
15 Dec 2023 17:14

London stocks log weekly gains as cenbank fest ends

FTSE 100 down 1.0%, FTSE 250 off -0.3%

*

Read more
15 Dec 2023 16:51

LONDON MARKET CLOSE: FTSE 100 underperforms as post-Fed rally cools

(Alliance News) - London's FTSE 100 ended lower on Friday, with profit-taking and some hawkish words from a US policymaker keeping equities in check at the end of a largely positive week for stocks.

Read more
15 Dec 2023 16:29

PRESS: GSK, Astra and AbbVie in US scrutiny over patents - Bloomberg

(Alliance News) - A US senator has accused AstraZeneca PLC, GSK PLC, AbbVie Inc and other drugmakers of "abusing" the patent system to send prices higher, Bloomberg reported on Thursday.

Read more
13 Dec 2023 17:07

UK's FTSE 100 rises as pound slips on GDP data; awaits Fed rate decision

UK economy shrinks by 0.3% in October

*

Read more
12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

Read more
12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

Read more
12 Dec 2023 10:08

AstraZeneca buys respiratory vaccine developer Icosavax in $1.1 bln deal

Dec 12 (Reuters) - AstraZeneca said on Tuesday it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax in a deal valued at up to $1.1 billion.

Read more
12 Dec 2023 08:53

LONDON MARKET OPEN: FTSE 100 opens higher ahead of US CPI

(Alliance News) - Stock prices in London opened higher on Tuesday, as investors digest the latest UK unemployment data, before turning their eyes to US inflation this afternoon.

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.