Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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: 12,472.00
Bid: 12,492.00
Ask: 12,496.00
Change: 74.00 (0.60%)
Spread: 4.00 (0.032%)
Open: 12,432.00
High: 12,526.00
Low: 12,318.00
Prev. Close: 12,398.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

RPT-INSIGHT-Decades of work, and half a dose of fortune, drove Oxford vaccine success

Tue, 24th Nov 2020 07:00

(Repeats story published late on Monday)

* Pandemic gave Oxford the chance to show vaccine technique
worked

* Dosage breakthrough came by accident: AstraZeneca research
chief

* Validation for scientists who also worked on Ebola, flu,
MERS

* 'Very long year' but unprecedented speed to get efficacy
results

By Alistair Smout, Kate Kelland and Ludwig Burger

LONDON/FRANKFURT Nov 23 (Reuters) - It took Oxford
University's brightest minds decades of work to give them the
expertise to develop a COVID-19 vaccine. In the end, it was a
momentary error - and a dose of good fortune - that carried them
over the line.

The Oxford vaccinologists were exhilarated on Monday when
drugmaker AstraZeneca, with whom they developed the shot,
announced that it could be around 90% effective, citing data
from late-stage trials.

"It can only happen if extraordinary support is provided,"
Adrian Hill, director of Oxford University's Jenner Institute
which developed the shot, told Reuters. "We had pretty well the
whole institute in Oxford working on this vaccine."

While skill and hard work drove development, AstraZeneca
said it was a minor mistake that made the team realise how they
could significantly boost the shot's success rate, to as much as
90% from around 60%: by administering a half dose, followed by a
full dose a month later.

"The reason we had the half dose is serendipity," Mene
Pangalos, head of AstraZeneca's non-oncology research and
development, told Reuters.

The plan was for trial participants in Britain to receive
two full doses, but researchers were perplexed when they noticed
that side effects, such as fatigue, headaches or arm aches were
milder than expected, Pangalos said.

"So we went back and checked ... and we found out that they
had underpredicted the dose of the vaccine by half."

He said the team nonetheless decided to press ahead with
that half dose group, and to administer the second, full dose
booster shot at the scheduled time.

The results showed the vaccine was 90% effective among this
group, while a larger group who had received two full doses
produced an efficacy read-out of 62%, leading to an overall
efficacy of 70% across both dosing patterns, Pangalos said.

"That, in essence, is how we stumbled upon doing half
dose-full dose (group)," he told Reuters. "Yes, it was a
mistake."

The vaccine uses a harmless adenovirus to deliver genetic
material that tricks the human body to produce proteins known as
antigens that are normally found on the coronavirus surface,
helping the immune system develop an arsenal against infection.

Pangalos said more analysis was needed to explain why an
initial lower dose bolstered protection. One possible
explanation was that lower antigen levels to begin with
triggered an overall better immune system build-up, he added.

1991 TO TODAY

Even though good fortune played its part, the development of
what Oxford scientists hailed as "a vaccine for the world" was
built upon 30 years of testing and tweaking of methods.

The adenovirus "viral vector" platform that their candidate
uses has been around since 1991, said Hill of the university's
Jenner Institute.

He had been working with Sarah Gilbert, another
vaccinologist, to fine-tune the technology. This has involved
using a chimpanzee cold virus as the vector to deliver the
instructions, in trials with diseases such as flu, MERS and
Ebola over the last decade. The hope was that it would one day
prove its potential against one or more such deadly diseases.

They turned their attention to the new coronavirus,
SARS-CoV-2, in January. Oxford Vice-Chancellor Louise Richardson
said she was told of Gilbert's work and that it looked promising
for the new coronavirus, but was operating on a shoestring.

The university then offered a million pounds to underwrite
the research until more funding came on board, Richardson told
reporters, which duly arrived when the government and
AstraZeneca became involved in May.

The unprecedented urgency and resources given to Oxford to
prove the platform's effectiveness against COVID-19 meant it
leap-frogged the vaccines against those other pathogens, which
are still in early-stage trials.

Gilbert said the experience with MERS, or Middle East
Respiratory Syndrome, which is caused by a different type of
coronavirus, was especially instructive.

"It showed us that we could make a vaccine with this
technology that would induce good immune responses against the
coronavirus spike protein," she told reporters.

"We'd also been thinking about how to go really quickly when
a new pathogen arises and we need to make a new vaccine. We'd
done some work preparing for that."

2020: 'A VERY LONG YEAR'

Andrew Pollard, head of the Oxford Vaccine Group and a
professor who has spent two decades running clinical trials,
said this experience gave him confidence in the prospects for
Oxford's new vaccine, known initially as ChAdOx1 nCoV-19.

"I think we knew right from the beginning of the year that
if we could go through this development, we may well have
something which can make a difference," Pollard told Reuters.

But there was an issue. Limited interest in Oxford's
vaccines for other pathogens before this year meant they didn't
have the funding to prove the platform's efficacy: until now.

"You either need a massive amount of money, or a pandemic to
bring in that resource, and it's tremendous that we've had this
opportunity to validate that chimpanzee adenovirus technology
for this coronavirus," Hill said.

"If you'd said to me a year ago that in 2020 anybody would
make a vaccine for a global pandemic - and in months rather than
years - I would have thought that was hugely challenging."

Pollard said that while speed of the COVID-19 vaccine's
development was in some ways extraordinary, 2020 had "been a
very long year" since the team started work on the vaccine in
January.

That culminated this past weekend, Pollard said, in having
"an enormous mountain to climb to pull all of the information
together" to be able to issue Monday's data release showing the
vaccine can be up to 90% effective.

"The last few weeks have been pretty exhausting. The feeling
is absolutely one of extreme fatigue and tiredness at this
point," he told Reuters, speaking before he briefed the office
of British Prime Minister Boris Johnson on the findings.

"If the results have not met those regulatory requirements,
they would have told us just to carry on with the trial. So it
was a great relief."
(Reporting and writing by Kate Kelland and Alistair Smout in
London, and Ludwig Burger in Frankfurt; Editing by Pravin Char)

More News
29 Jan 2024 08:19

TOP NEWS: AstraZeneca, Daiichi's Enhertu granted priority review in US

(Alliance News) - AstraZeneca PLC on Monday said its cancer drug conjugate received priority review by the Food & Drug Administration in the US for patients with metastatic HER2-positive solid tumours.

Read more
22 Jan 2024 11:45

BioNTech challenges AstraZeneca with breast cancer precision drug trial

FRANKFURT, Jan 22 (Reuters) - BioNTech and its partner Duality Biologics said on Monday they initiated a late-stage trial testing their precision drug against a certain type of breast cancer, taking on a rival partnership between AstraZeneca and Daiichi Sankyo.

Read more
19 Jan 2024 09:28

TOP NEWS: AstraZeneca's Voydeya receives approval in Japan for PNH

(Alliance News) - AstraZeneca PLC on Friday said its inhibitor Voydeya, also known as danicopan, received approval in Japan for adults with paroxysmal nocturnal haemoglobinuria, or PNH.

Read more
16 Jan 2024 17:17

FTSE 100 hits one-month low, precious miners biggest drag

FTSE 100 down 0.5%, FTSE 250 flat

*

Read more
16 Jan 2024 16:17

London close: Stocks finish lower as wage growth eases

(Sharecast News) - London's stock markets finished in the red on Tuesday, as investors assessed the latest UK jobs data.

Read more
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

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.