The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 12,404.00
Bid: 12,416.00
Ask: 12,418.00
Change: 44.00 (0.36%)
Spread: 2.00 (0.016%)
Open: 12,330.00
High: 12,450.00
Low: 12,316.00
Prev. Close: 12,404.00
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-EU to extend COVID vaccine export controls to end of June - sources

Thu, 04th Mar 2021 11:46

(adds context)

By Francesco Guarascio and John Chalmers

BRUSSELS, March 4 (Reuters) - The European Union is planning
to extend its export authorisation scheme for COVID-19 vaccines
to the end of June, two EU sources told Reuters on Thursday, in
a move that could reignite tensions with countries who rely on
shots made in the EU.

The mechanism was set up at the end of January as a reaction
to vaccine makers' announcements of delays in the deliveries of
COVID-19 vaccines to the EU.

It is due to expire at the end of March, but the European
Commission wants to extend it through June, the two officials
said.

"The Commission will propose its extension into June. And
that was greeted by the member states with approval, not
necessarily enthusiasm, but there is a feeling that we still
need that mechanism," one senior EU diplomat said.

The second official added that at a meeting with EU
diplomats on Wednesday, many countries supported the measure,
including heavyweights Germany and France.

The EU Commission was not immediately available for a
comment.

Italian Prime Minister Mario Draghi has also called for
sanctions on companies that do not respect their contractual
obligations with the EU.

When the EU's export control mechanism was introduced in
late January it triggered an outcry from importing countries who
feared their vaccine supplies might have been hampered.

Under the scheme, companies must get an authorisation before
exporting COVID-19 shots, and may have export requests denied if
they do not respect their supply commitments with the EU.

However, the EU has authorised all requests for export since
the scheme's debut on Jan. 30 to Feb. 26, which amounted to 150
requests for millions of shots to 29 countries, including
Britain, the United Arab Emirates and Canada, an EU Commission
spokeswoman said.

She added, however, that at least one request was withdrawn
by an exporting company. She declined to elaborate.

Export requests mostly concern the Pfizer-BioNTech
vaccine which is manufactured in Belgium. AstraZeneca
and Moderna shots have also been exported from
the EU.

Since Jan. 30 more than 8 million vaccines were shipped from
the EU to Britain, a third EU source said.

Britain has so far prevented the export of AstraZeneca
vaccines to the EU, using a UK-first clause in its supply
contract with the Anglo-Swedish firm, EU officials have said.

The United States also has regulations that effectively ban
vaccine exports, the head of the European Commission Ursula von
der Leyen told a news conference last week.
(Reporting by Francesco Guarascio @fraguarascio and John
Chalmers; Editing by Toby Chopra)

More News
3 May 2024 11:50

Angle shares up on assay development deal with AstraZenaca

(Alliance News) - Shares in Angle PLC jumped on Friday, after the company said it has been chosen to develop a prostate cancer assay using its Parsortix technology, opening the door for future clinical study-supporting contracts.

Read more
3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out of hawkish Federal Reserve interest rate expectations.

Read more
2 May 2024 10:04

AstraZeneca notes positive trial results for Calquence treatment

(Alliance News) - AstraZeneca PLC on Thursday said it observed positive high-level results in the Echo phase 3 trial of its Calquence treatment for previously untreated adult patients with mantle cell lymphoma.

Read more
2 May 2024 07:45

AstraZeneca reports positive results from blood cancer drug trial

(Sharecast News) - AstraZeneca has reported positive results from the use of its Calquence drug in a clinical trial to treat a rare type of blood cancer.

Read more
29 Apr 2024 22:52

J&J, Bristol Myers lose challenges to US drug price negotiation program

April 29 (Reuters) - A U.S. judge on Monday rejected a challenge by Bristol Myers Squibb and Johnson & Johnson to a law requiring them to negotiate the prices of their blockbuster blood clot prevention drugs with the U.S government's Medicare health insurance program or pay heavy penalties.

Read more
29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

Read more
29 Apr 2024 09:13

AstraZeneca makes progress with Truqap and Enhertu cancer treatments

(Alliance News) - AstraZeneca PLC on Monday said its Truqap drug has been recommended for approval in the EU to treat a form of breast cancer, while also noting trial results for its Enhertu offering.

Read more
29 Apr 2024 07:50

LONDON BRIEFING: Hipgnosis Songs Fund backs new Blackstone bid

(Alliance News) - London's FTSE 100 is called to open higher on Monday, with heady gains for US tech stocks on Friday brightening the mood in Europe and Asia at the start of the new week.

Read more
29 Apr 2024 07:24

AstraZeneca makes progress with two breast cancer treatments

(Sharecast News) - AstraZeneca issued favourable updates on two of its breast cancer treatments on Monday - 'Truqap', or capivasertib, and 'Enhertu', or trastuzumab deruxtecan - following encouraging results from respective phase three trials.

Read more
26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

Read more
25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

Read more
25 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 hits high on offer for Anglo American

(Alliance News) - The FTSE 100 was outperforming European markets at midday on Thursday, with the index boosted to a record high thanks to takeover talks.

Read more
25 Apr 2024 10:33

AstraZeneca leaps after smashing first-quarter forecasts

Q1 revenue up 19% to $12.68 bln

*

Read more
25 Apr 2024 09:18

TOP NEWS: AstraZeneca upbeat as cancer drugs underpin sales growth

(Alliance News) - AstraZeneca PLC on Thursday hailed the potential of its drugs pipeline as it delivered impressive growth in sales and profit in the first quarter.

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.