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: 12,096.00
Bid: 12,088.00
Ask: 12,092.00
Change: -14.00 (-0.12%)
Spread: 4.00 (0.033%)
Open: 12,090.00
High: 12,118.00
Low: 12,038.00
Prev. Close: 12,110.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-African Union backs call to waive intellectual property rights on COVID-19 drugs

Thu, 25th Feb 2021 13:35

(Adds WHO Africa director)

JOHANNESBURG, Feb 25 (Reuters) - The African Union is
backing calls for drugmakers to waive some intellectual property
rights on COVID-19 medicines and vaccines to speed up their
rollout to poor countries, the head of its disease control body
said on Thursday.

South Africa and India, which both manufacture drugs and
vaccines, made the proposal at the World Trade Organization last
year, saying intellectual property (IP) rules were hindering the
urgent scale-up of vaccine production and provision of medical
products to some patients.

They have faced opposition from some developed nations, but
the backing of the African Union may give renewed impetus for
the push to relax IP rules.

John Nkengasong, director of the Africa Centers for Disease
Control and Prevention, told a news conference IP transfers were
a "win-win for everybody" that would address huge inequalities
in global public health.

He gave two examples where the developing world had suffered
from restricted access to medicines: the swine flu pandemic in
the late 2000s and HIV/AIDS in the 1990s.

"In 1996, HIV drugs were available, and we saw how mortality
in the developed world decreased drastically. But it would take
10 years before those drugs were accessible in Africa in any
meaningful way," he said.

"In between, 12 million Africans died, so I just use those
numbers to say: any IP transfer will be beneficial to everybody,
because nobody wants to sit back and be proud of that sad event.
... We want to be on the right side of history."

Separately, the WHO's Africa director Matshidiso Moeti urged
pharmaceutical companies to be flexible with their IP to
facilitate access to medicines.

She expressed hope that discussions over waiving IP rights
would "turn into action at some point in the future".

Nkengasong added the Africa CDC's regulatory taskforce had
approved AstraZeneca's COVID-19 vaccine for emergency
use, a day after Ghana received its first AstraZeneca doses from
global vaccine distribution facility COVAX.

He said the developers of Russia's Sputnik V vaccine had
submitted data dossiers to the Africa CDC and an expert panel
would review it.

"We have not received dossiers yet from China colleagues,
but we remain optimistic," he added.

Egypt, Zimbabwe and Senegal have already started rolling out
Chinese COVID-19 shots.
(Reporting by Alexander Winning in Johannesburg and Omar
Mohammed and Ayenat Mersie in Nairobi; Editing by Joe Bavier,
Mark Potter and Hugh Lawson)

More News
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
5 Mar 2024 14:24

AstraZeneca's breast cancer treatment blocked for NHS use in England

(Alliance News) - A treatment that extends the life of people with advanced breast cancer has been blocked for NHS use in England in a move that potentially impacts thousands of patients.

Read more
4 Mar 2024 09:31

AstraZeneca and Daiichi Sankyo get EU approval for cancer treatment

(Alliance News) - AstraZeneca PLC and Daiichi Sankyo Co Ltd on Monday said that the European Medicines Agency has approved two marketing authorisation applications for their datopotamab deruxtecan in two types of cancer.

Read more
4 Mar 2024 07:18

AstraZeneca's chemo replacement treatment moves closer to EU approval

(Sharecast News) - European regulators have validated two marketing authorisation applications (MMAs) for AstraZeneca, as the biopharma giant's datopotamab deruxtecan chemotherapy replacement treatment comes one step closer to receiving the green light to treat two types of cancer.

Read more
26 Feb 2024 08:51

AstraZeneca's Voydeya treatment recommended for EU approval

(Alliance News) - AstraZeneca on Monday announced further support from regulators for its first-in-class blood disease treatment.

Read more
26 Feb 2024 07:22

AstraZeneca's blood-disorder drug recommended for EU approval

(Sharecast News) - European regulators has given the green light to AstraZeneca's blood-disorder drug Voydeya, the biopharma giant announced on Monday.

Read more
22 Feb 2024 17:36

EARNINGS AND TRADING: Astra closes Gracell buy, Amicorp "on track"

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News:

Read more
20 Feb 2024 10:29

AstraZeneca acquires US-based biopharmaceutical company

(Sharecast News) - Drugmaker AstraZeneca revealed late on Monday afternoon that it had successfully completed its acquisition of US-based biopharmaceutical company Icosavax.

Read more
20 Feb 2024 09:40

LONDON BROKER RATINGS: JPMorgan cuts Airtel Africa price target by 28%

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
19 Feb 2024 16:51

LONDON MARKET CLOSE: Europe lacks direction on quiet Monday

(Alliance News) - European markets lacked direction on Monday, after a quiet day as the US markets celebrated George Washington's birthday.

Read more
19 Feb 2024 15:59

London close: Stocks manage gains on globally quiet day

(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.

Read more
19 Feb 2024 15:39

UPDATE: AstraZeneca completes USD1.1 billion acquisition of Icosavax

(Alliance News) - AstraZeneca PLC on Monday said it has completed the acquisition of Icosavax Inc.

Read more
19 Feb 2024 11:51

LONDON MARKET MIDDAY: Stocks lack direction amid quiet start to week

(Alliance News) - Stock prices in London lacked direction at midday Monday, amid a quiet start to the week.

Read more
19 Feb 2024 08:44

LONDON MARKET OPEN: Stocks drift; Currys surges on takeover interest

(Alliance News) - Stock prices in London were looking for direction early Monday, as investors weighed possible trajectories for US interest rate cuts and a China's economic recovery.

Read more
19 Feb 2024 08:36

TOP NEWS: AstraZeneca celebrates Tagrisso approval and new data

(Alliance News) - AstraZeneca PLC on Monday announced new study data and a new approval for its cancer medication Tagrisso.

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.