We would love to hear your thoughts about our site and services, please take our survey 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: 11,988.00
Bid: 12,016.00
Ask: 12,020.00
Change: -38.00 (-0.32%)
Spread: 4.00 (0.033%)
Open: 12,070.00
High: 12,144.00
Low: 11,882.00
Prev. Close: 12,026.00
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 warns Hungary against use of Russia's COVID-19 vaccine

Thu, 19th Nov 2020 15:54

* Tensions with Hungary's Orban rising before EU summit

* Hungary to be first EU country to import, trial Sputnik V

* EU: Move raises concerns for safety, confidence in vaccine
(Adds first imports, comment from Hungarian foreign minister)

By Francesco Guarascio

BRUSSELS, Nov 19 (Reuters) - Hungary's plans to import and
possibly use Russia's touted Sputnik V COVID-19 vaccine raise
safety concerns and could damage trust in potential shots, the
European Commission said, opening a new front in the EU's
fraught relations with Budapest.

Hungarian Prime Minister Viktor Orban's hard line against
migration and what critics say is his increasingly authoritarian
grip on power - an accusation he has repeatedly denied - as well
as his pursuit of close relations with Russia have caused
repeated clashes with the European Union.

A new showdown is expected on Thursday when EU leaders hold
a video conference that may address the bloc's massive COVID
rescue plan and seven-year budget, which Hungary and Poland's
nationalist governments are blocking because they make access to
money conditional on respecting the rule of law.

Hungarian plans to conduct trials of and possibly produce
the Russian vaccine, an unprecedented step for an EU member
state, add to existing frictions with Brussels.

Asked about these plans, a spokesman for the Commission, the
EU's executive, said: "The question arises whether a member
state would want to administer to its citizens a vaccine that
has not been reviewed by EMA."

Under EU rules, Sputnik V must be authorised by the European
Medicines Agency before it can be marketed in any state of the
27-nation bloc, EMA said.

"This is where the authorisation process and vaccine
confidence meet. If our citizens start questioning the safety of
a vaccine, should it not have gone through rigorous scientific
assessment to prove its safety and efficacy, it will be much
harder to vaccinate a sufficient proportion of the population,"
the Commission spokesman added in an emailed statement.

A recent study of 8,000 people in the United States and
Britain found that fewer people would "definitely" take a
COVID-19 vaccine than the 55% of the population which scientists
estimate is needed to provide so-called herd immunity
.

Experts have said that misinformation and perceived weak
safety checks on candidate vaccines play a central role in
reducing confidence in their efficacy.

Hungary on Thursday imported the first doses of Sputnik V as
part of a plan that could lead to larger imports and domestic,
mass production next year if the shot proves safe and effective.

"Hungarian experts will have the opportunity to study the
vaccine in the forthcoming period and make a well-founded
decision on potential usability and approval," Foreign Minister
Peter Szijjarto said in a Facebook video.

The government did not respond to questions on whether it
wanted to licence the Sputnik V vaccine at home or through the
required EU process.

Russia's sovereign wealth fund said last week that interim
trial results showed Sputnik V is 92% effective at protecting
people from the COVID-19 respiratory disease, and the country is
preparing for mass inoculations.

Vaccines being developed by U.S. firms Moderna and
Pfizer - the latter in cooperation with Germany's
BioNTech - have showed slightly better
results on a much larger sample of people exposed to the virus.

"Vaccines should be out of politics and countries should
have a choice how to protect their citizens," said Kirill
Dmitriev, head of the Russian sovereign wealth fund which has
underwritten the development of Sputnik V.

He added that Russia was ready to share data with the
European Medicines Agency and said it aimed to produce the
vaccine in Hungary and in other willing EU nations. A subsidiary
of the wealth fund also requested scientific advice from EMA in
late October but has received no reply so far, the fund said.

EMA said that it had received no data from Russia or Hungary
on Sputnik V or any other COVID-19 vaccine.

Sputnik V is expected to be trialled and produced in other
countries across the world beyond Russia, with Brazil, Mexico,
the Philippines and the United Arab Emirates among those who
have expressed an interest in the shot.

IMPORT DOUBTS

But the EU questions even the import of Sputnik V by one of
its member states.

Temporary import and distribution of unauthorised vaccines
is allowed for emergency use in the EU "in response to the
suspected or confirmed spread of pathogenic agents, toxins,
chemical agents or nuclear radiation, any of which could cause
harm," the relevant EU law reads.

This rare exemption has been subjected to scrutiny in recent
months by EU experts, the Commission said. "The widely supported
view is that it should be considered very carefully," its
spokesman said. Such emergency procedures, he added, would also
conflict with the EU's current vaccine strategy.

Under that strategy, the EU has signed contracts with five
vaccine makers, including Pfizer, for the supply of nearly 2
billion doses of their potential COVID vaccines and is talking
with at least two other manufacturers for additional shots.

That would cover the 450 million combined population of all
EU states, including Hungary, which under those deals also
ordered millions of doses of the Pfizer, AstraZeneca and
Johnson & Johnson vaccines now in development.
(Reporting by Francesco Guarascio @fraguarascio in Brussels
with additional reporting by Marton Dunai in Budapest and Polina
Nikolskaya in Moscow
Editing by Mark Heinrich)

More News
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
25 Apr 2024 09:12

LONDON MARKET OPEN: Anglo American jumps on takeover bid from BHP

(Alliance News) - Stock prices in London opened mixed on Thursday, as investors cautiously eye data on the health of the US economy.

Read more
25 Apr 2024 08:38

AstraZeneca blows past analysts' estimates for Q1

(Sharecast News) - AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.

Read more
25 Apr 2024 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:52

Sanofi profit slips on generic competition and currency effects

April 25 (Reuters) - Sanofi's first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent, the French drugmaker said on Thursday.

Read more
25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 06:30

Sanofi Q1 profit slips on generic competition, forex effects

April 25 (Reuters) - Sanofi's said on Thursday first-quarter operating income declined 14.7% as unfavourable currency effects and cheap competition to multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent.

Read more
24 Apr 2024 10:32

Angle shares jump on supplier agreement with with AstraZeneca

(Alliance News) - Angle PLC shares rose on Wednesday, after it signed a contract with AstraZeneca PLC.

Read more
24 Apr 2024 10:10

AIM WINNERS & LOSERS: Filtronic jumps as lifts outlook

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
Mobico Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Hikma Pharmaceuticals PLCTrading Statement
Focusrite PLCHalf Year Results
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
  
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.

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.