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Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

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Share Price: 12,050.00
Bid: 12,038.00
Ask: 12,040.00
Change: -106.00 (-0.87%)
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Open: 12,092.00
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Italy set for 16 million AstraZeneca COVID-19 shots in early 2021 -source

Tue, 24th Nov 2020 11:57

MILAN, Nov 24 (Reuters) - Italy is set to receive 16 million
shots of the potential COVID-19 vaccine developed by British
drugmaker AstraZeneca in the first months of 2021 as part of a
supply deal agreed at a European Union level, a government
source said.

This initial supply will immunize 8 million people as the
AstraZeneca vaccine requires an initial shot followed by
a booster, the source said on Tuesday.

Italy, the first Western country to be hit by the pandemic,
became the sixth in the world to surpass 50,000 coronavirus
related deaths on Monday, and second in Europe after Britain.

The doses are in addition to the initial 3.4 million Rome is
due to receive from Pfizer and its partner BioNTech
, which are expected as early as January.

AstraZeneca said on Monday its vaccine on average prevented
70% of COVID-19 cases in late-stage trials. This rose to 90% in
a group of participants who accidentally received a half dose
followed by a full dose.

"Italy will receive 4 million shots as early as January and
it will receive a further 12 million within the following three
months", the source told Reuters, cautioning that this timing
was subject to approval of the AstraZeneca and University of
Oxford developed vaccine by the European Medicine Authority.

AstraZeneca said it will have as many as 200 million doses
by the end of 2020, around four times as many as U.S. competitor
Pfizer. And it said 700 million doses could be ready globally as
soon as the end of the first quarter of 2021.

The EU has secured up to 400 million doses of AstraZeneca's
experimental vaccine.
(Reporting by Elvira Pollina;
Editing by Alexander Smith)

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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.

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