If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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: 12,282.00
Bid: 12,280.00
Ask: 12,284.00
Change: 164.00 (1.35%)
Spread: 4.00 (0.033%)
Open: 12,244.00
High: 12,384.00
Low: 12,228.00
Prev. Close: 12,118.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ten COVID-19 vaccines seen by mid-year, head of global pharma group says

Fri, 27th Nov 2020 15:04

* Three vaccine candidates lead global race

* Pharma industry group sees seven more by mid-2021

* Warns against calls for compulsory licensing

By Stephanie Nebehay

GENEVA, Nov 27 (Reuters) - Ten COVID-19 vaccines could be
available by the middle of next year if they win regulatory
approval, but their inventors need patent protection, the head
of the global pharmaceutical industry group said on Friday.

Vaccines by Pfizer and BioNtech, as well
as Moderna and AstraZeneca have shown promising
results in large clinical trials, but there is no question of
"cutting corners", said Thomas Cueni, director-general of the
International Federation of Pharmaceutical Manufacturers and
Associations (IFPMA).

"So far 3 we have 3 out of 3 were hits. I would expect that
we will see something similar with Johnson & Johnson, I
would expect that we would see similar positive results with
Novavax, and many others, Sanofi Pasteur, GSK
are in there, Merck," he said.

'Big Pharma' and biotech firms have invested heavily in
research and development and in boosting manufacturing during
the pandemic to be able to roll out vaccine doses, Cueni told a
Geneva news briefing.

It would be a mistake to lift patent protection to allow
compulsory licensing and try to make vaccines requiring such
complex quality assurance without expert staff and quality
control procedures, he said.

"We will hopefully by the next summer have probably 10
vaccines which have proven their value. But all of them really
need to be submitted by rigorous scientific scrutiny by the
regulators."

At the World Trade Organization (WTO), India and South
Africa have proposed allowing a temporary waiver to allow
compulsory licensing for patented products during the pandemic.
The United States, European Union and Switzerland and others
have rejected it, trade officials say.

Cueni, asked about the proposal, said: "For me this
questioning of IP is really primarily politics, but it's
politics which is not helpful because it would send very
negative signals in terms of disrespect to the system which
allowed the world to react so fast and so responsibly."

Vaccine manufacturing plants often need 50 quality assurance
staff making hundreds of checks during production, he said,
emphasising that the companies would not exploit the pandemic.

Cueni said that IFPMA archives showed there had never been a
compulsory license granted for a vaccine and pointed to the
difficult technology and know-how. Nearly every member company
had committed to "not-for-profit" or socially responsible
pricing during the pandemic, he added.

(Reporting by Stephanie Nebehay and Philippa Fletcher)

More News
2 Apr 2024 07:08

US FDA gives green light for use of AstraZeneca's Voydeva

(Sharecast News) - America's drug regulator gave the green light to AstraZeneca's for the add-on use of Voydeya in the treatment of extravascular haemolysis (EVH) in patients with paroxysmal nocturnal haemoglobinuria (PNH).

Read more
27 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US PCE data

(Alliance News) - Stock prices in London were lower at midday on Wednesday, but trade was more confident in mainland Europe, with focus turning to the release of the US Federal Reserve's preferred inflation gauge on Friday.

Read more
27 Mar 2024 11:56

C4X Discovery seeks AIM delisting but half-year revenue skyrockets

(Alliance News) - C4X Discovery Holdings PLC shares plunged on Wednesday after it said it plans to delist from AIM in London, due to "the recent downturn in the financial markets" hampering its valuation.

Read more
27 Mar 2024 09:19

AstraZeneca treatments become "first and only" to be approved in Japan

(Alliance News) - AstraZeneca PLC announced on Wednesday the approval of two of its treatments for use in Japan.

Read more
27 Mar 2024 09:03

LONDON MARKET OPEN: FTSE 100 slips as unease lingers before US data

(Alliance News) - Stock prices in London edged lower after the open on Wednesday, with some nervy trade ahead of a US inflation reading later in the week.

Read more
27 Mar 2024 08:02

LONDON BRIEFING: Diploma makes buy; Astra wins Japan drug approvals

(Alliance News) - Stocks in London opened in a muted fashion on Wednesday, with some unease lingering in equity markets ahead of a US inflation reading later in the week.

Read more
26 Mar 2024 10:18

China to speed up 'new productive forces', vice president says

BEIJING, March 26 (Reuters) - China will accelerate the development of "new productive forces" and bolster stability and security for the global economy, Vice President Han Zheng told an investment forum in Beijing, as the world's no.2 economy seeks to reassure anxious foreign firms.

Read more
25 Mar 2024 12:09

LONDON MARKET MIDDAY: Stocks make tepid start to new week

(Alliance News) - Stock prices in London were down at midday on Monday, giving back some gains from last week, when equities were boosted by central bank decisions and accompanying statements which investors saw as dovish.

Read more
25 Mar 2024 09:04

LONDON MARKET OPEN: FTSE 100 treads water, FTSE 250 declines

(Alliance News) - The FTSE 100 in London traded flat early Monday, while the pound remained below the USD1.26 mark, as Bank of England Governor Andrew Bailey suggested rate cuts may happen soon.

Read more
25 Mar 2024 08:40

TOP NEWS: AstraZeneca wins US approval for rare nervous system disease

(Alliance News) - AstraZeneca PLC on Monday said its Ultomiris treatment has been approved by the US Food & Drug Administration as the first and only long-acting C5 complement inhibitor to treat neuromyelitis optica spectrum disorder in adults.

Read more
25 Mar 2024 07:59

LONDON BRIEFING: AstraZeneca wins US approval, Kingfisher profit down

(Alliance News) - London's FTSE 100 is set to open lower on Monday, giving back some of last week's progress, when equities were boosted by hope of interest rate cuts.

Read more
25 Mar 2024 07:23

AstraZeneca gets FDA approval for Ultomiris treatment

(Sharecast News) - AstraZeneca has announced that its autoimmune disease treatment Ultomiris has been given the green light by US regulators.

Read more
21 Mar 2024 16:43

AstraZeneca's Tagrisso successful in treating lung cancer

(Alliance News) - AstraZeneca PLC on Thursday reported positive findings following a phase III trial of its lung cancer Tagrisso treatment.

Read more
19 Mar 2024 08:56

TOP NEWS: AstraZeneca to buy Fusion in deal worth over USD2 billion

(Alliance News) - AstraZeneca PLC on Tuesday said it will buy Fusion Pharmaceuticals Inc, a Canada-based clinical-stage biopharmaceutical company developing "next-generation" radioconjugates.

Read more
19 Mar 2024 07:05

AstraZeneca to buy US-listed Fusion Phrama for $2bn

(Sharecast News) - AstraZeneca said it had agreed to buy biopharmaceutical company Fusion Pharmaceuticals for up to $2bn.

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.