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: 12,364.00
Bid: 12,398.00
Ask: 12,400.00
Change: 268.00 (2.22%)
Spread: 2.00 (0.016%)
Open: 12,150.00
High: 12,440.00
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

TOP NEWS: Astra Scaling Up To 2 Million Doses Per Week "Imminently"

Wed, 13th Jan 2021 13:03

(Alliance News) - AstraZeneca is "imminently" scaling up to release 2 million doses of its vaccine per week in the UK, and may be able to go above that from April, the firm's chief executive has said.

Tom Keith-Roach, president of AstraZeneca UK, said 1.1 million doses of the company's Covid-19 jab developed with Oxford University had been released to the UK to date, but the aim was to reach two million doses per week on or before the middle of February.

He told the Commons Science and Technology Committee: "We are scaling up very rapidly – and this will happen imminently – to releasing two million doses a week.

"We're absolutely on track to do that and therefore deliver tens of millions of doses in the first quarter of the year.

"If we average two million a week through the course of the year, that gets us to the 100 million doses that we're committed to the UK through the course of 2021."

Later, he added: "We are scaling up to two million doses a week imminently and we'd certainly hope to be there on or before the middle of February."

He said the middle of February was a "conservative position" and said the firm had been asked by the UK Vaccines Taskforce "not to share in public forum in detail daily delivery schedules and locations for security reasons.

"As you can imagine it's very sensitive, but I can reassure you that we will scale to two million doses per week very quickly."

Later, he said the firm could not commit to doses above two million per week but it may be they could "increase that somewhat as we move into quarter two".

Keith-Roach also told MPs the "vast majority" of the fill-and-finish packing around the vaccines is done in the UK.

He said the manufacture of the vaccine depends on a complex biological process which cannot be carried out more quickly.

"Drug substance manufacture is a 58 to 60-day process that you cannot speed up – that is a complex biological process of actually growing the adenovirus vector," he said.

Mene Pangalos, executive vice president of biopharmaceuticals research and development at AstraZeneca, added: "You have to grow cells and cells divide at a certain speed, and you can't do any faster than the speed at which the cells divide."

Keith-Roach added: "From drug substance, you have to actually manufacture the drug product.

"That includes filling and finishing, packaging, batch release – that takes a further 28 days.

"If you look in total, you're talking about a three to four-month process.

"Within that you have, as you'd imagine, extensive quality testing on every batch – actually there's more than 60 quality tests that are performed."

Vaccines minister Nadhim Zahawi was accused by Labour MP Graham Stringer of being "phobic" to the numbers and keeping data on vaccine supplies "secret".

Zahawi said "this idea that we are sitting on lots of stock is not true", adding that deliveries of central stocks were unpredictable at the moment.

He told MPs the initial vaccination supply had been "lumpy" but he now had "line of sight" of deliveries to the end of February.

"In any manufacturing process, especially one where you're dealing with a biological compound, a novel vaccine is lumpy at the outset," he said.

"There's no doubt that it was, but getting better. It begins to stabilise and you get much clearer line of sight.

"I now have line of sight of deliveries all the way through until end of February and getting more confidence about March as well.

"We have millions of doses coming through in the weeks and then next month and the month after."

He added that "day by day, what you'll see is greater volumes going out", saying there would be "day-by-day" improvements in the notice given to vaccinators such as GPs of when supplies will arrive.

And he denied reports that vaccines could not be supplied to the NHS on a Sunday, adding there was a 98.5% accuracy to date in the timing of deliveries.

He also said the amount of vaccine currently going to waste in the NHS was significantly less than the 10% forecast by NHS England.

Earlier, Pangalos said research had begun to examine the mixing of different vaccines to allow greater flexibility in the system.

"(It's) something that we're starting to investigate already, both pre-clinical and clinically."

He also called for people working in the vaccine process to be prioritised for jabs.

source: PA

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
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
18 Mar 2024 16:09

UK dividends calendar - next 7 days

Tuesday 19 March 
Jarvis Securities PLCdividend payment date
Wednesday 20 March 
Virgin Money UK PLCdividend payment date
Thursday 21 March 
abrdn Asia Focus PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
AIB Group PLCex-dividend payment date
Beazley PLCex-dividend payment date
BlackRock World Mining Trust PLCex-dividend payment date
British American Tobacco PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
CLS Holdings PLCex-dividend payment date
Conduit Holdings Ltdex-dividend payment date
Craneware PLCex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Fonix Mobile PLCex-dividend payment date
FW Thorpe PLCex-dividend payment date
Glanbia PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Globalworth Real Estate Investments Ltdex-dividend payment date
Goodwin PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Hargreaves Services PLCex-dividend payment date
HgCapital Trust PLCex-dividend payment date
Hikma Pharmaceuticals PLCex-dividend payment date
Jardine Matheson Holdings LDex-dividend payment date
London Finance & Investment Group PLCex-dividend payment date
Maven Income & Growth VCT 3 PLCex-dividend payment date
Maven Income & Growth VCT 5 PLCex-dividend payment date
MTI Wireless Edge Ltdex-dividend payment date
Nichols PLCex-dividend payment date
NWF Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Pearson PLCex-dividend payment date
Pembroke VCT B PLCex-dividend payment date
Primorus Investments PLCex-dividend payment date
Schroders PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
Tristel PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Friday 22 March 
easyJet PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Gulf Investment Fund PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hercules Site Services PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mobeus Income & Growth 2 VCT PLCdividend payment date
Mobeus Income & Growth 4 VCT PLCdividend payment date
Ramsdens Holdings PLCdividend payment date
Riverstone Credit Opportunities Income PLCdividend payment date
Ruffer Investment Co Ltddividend payment date
Samuel Heath & Sons PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Unilever PLCdividend payment date
Monday 25 March 
AstraZeneca PLCdividend payment date
Endeavour Mining PLCdividend payment date
Mountview Estates PLCdividend payment date
Shell PLCdividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-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
18 Mar 2024 14:08

AstraZenca hails Imfinzi and Lynparza results on endometrial cancer

(Alliance News) - AstraZeneca PLC on Monday reported positive findings following the analysis of results from a phase III probe of its Imfinzi and Lynparza cancer treatments.

Read more
14 Mar 2024 10:01

TOP NEWS: AstraZeneca buys France's Amolyt Pharma for USD1 billion

(Alliance News) - AstraZeneca PLC on Thursday said it has struck a deal to acquire Amolyt Pharma SAS, strengthening its late-stage rare disease pipeline.

Read more
14 Mar 2024 07:52

LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

(Alliance News) - London's FTSE 100 is set to tread water after the opening bell sounds on Thursday, as investors look to a batch of US data to come in the early afternoon.

Read more
14 Mar 2024 07:16

AstraZeneca snaps up rare disease specialist Amolyt for $1.05bn

(Sharecast News) - Biopharma giant AstraZeneca has announced the acquisition of French biotech firm Amolyt Pharma for up to $1.05bn to beef up its late-stage rare disease pipeline.

Read more
8 Mar 2024 06:00

Astra, Sanofi's antibody 90% effective against RSV in infants - CDC

(Alliance News) - A new treatment for infant respiratory syncytial virus, RSV, – a leading cause of severe illness in US babies – is 90% effective in preventing hospitalization, health authorities said Thursday.

Read more
6 Mar 2024 14:40

UK BUDGET: Some tax cuts but vapes, tobacco and non-doms targeted

(Alliance News) - A cut to national insurance, stamp duty relief as well as a freeze on fuel and alcohol duties were among the marquee tax measures that UK Chancellor Jeremy Hunt announced in his budget on Wednesday.

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.