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Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 12,166.00
Bid: 12,132.00
Ask: 12,136.00
Change: -6.00 (-0.05%)
Spread: 4.00 (0.033%)
Open: 12,180.00
High: 12,198.00
Low: 12,076.00
Prev. Close: 12,172.00
AZN Live PriceLast checked at -

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UPDATE 1-EU sues AstraZeneca over delayed deliveries of COVID-19 vaccine

Mon, 26th Apr 2021 12:52

(adds quotes)

BRUSSELS, April 26 (Reuters) - The European Commission said
on Monday it had launched legal action against AstraZeneca
for not respecting its contract for the supply of
COVID-19 vaccines and for not having a "reliable" plan to ensure
timely deliveries.

Under the contract, the company had committed to making its
"best reasonable efforts" to deliver 180 million vaccine doses
to the EU in the second quarter of this year, for a total of 300
million in the period from December to June.

But the company said in a statement on March 12 it would aim
to deliver only one-third of that. A week after that, the EU
Commission sent a legal letter to the company in the first step
of a formal procedure to resolve disputes.

"The Commission has started last Friday a legal action
against AstraZeneca," the EU spokesman told a news conference,
noting all 27 EU states backed the move.

"Some terms of the contract have not been respected and the
company has not been in a position to come up with a reliable
strategy to ensure timely delivery of doses," the spokesman
said, explaining what triggered the move.

"We want to make sure there is a speedy delivery of a
sufficient number of doses that European citizens are entitled
to and which have been promised on the basis of the contract,"
he said.
(Reporting by Francesco Guarascio; Editing by Alex Richardson
and Bernadette Baum)

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UK earnings, trading statements calendar - next 7 days

Friday 2 February 
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Monday 5 February 
Home REIT PLCTrading Statement
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Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
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Alumasc Group PLCHalf Year Results
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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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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.

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BioNTech challenges AstraZeneca with breast cancer precision drug trial

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

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16 Jan 2024 17:17

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

FTSE 100 down 0.5%, FTSE 250 flat

*

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16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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UBS downgrades AstraZeneca to 'sell'

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Novartis in advanced talks to buy Cytokinetics- source

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Late M&A bonanza stokes healthcare dealmakers ahead of JPMorgan conference

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