Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video 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: 12,254.00
Bid: 12,252.00
Ask: 12,254.00
Change: 158.00 (1.31%)
Spread: 2.00 (0.016%)
Open: 12,150.00
High: 12,266.00
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

UPDATE 1-With vaccines on the way, Mexico sees 'beginning of the end' of pandemic

Fri, 04th Dec 2020 21:44

(Adds quotes, details of vaccine deals, background)

By Anthony Esposito and Adriana Barrera

MEXICO CITY, Dec 4 (Reuters) - Mexico can see an end to the
coronavirus pandemic on the horizon with the first doses of
Pfizer Inc's COVID-19 vaccine scheduled to arrive in
weeks, said a top official in charge of the country's
international response to the health crisis.

Martha Delgado, a deputy foreign minister tasked with
helping to secure vaccine supplies for Mexico, said Pfizer had
agreed to deliver doses to the different points of vaccination
across the country rather than to a central distribution center.

That will significantly reduce a potential logistical
nightmare for Mexico, which does not have the super-cold storage
facilities needed to distribute the shots.

Pfizer's vaccine is based on a novel technology that uses
synthetic messenger RNA (mRNA) to activate the immune system
against the virus and needs to be kept at minus 70 degrees
Celsius (-94 F) or below.

"The super-freezing cold chain this particular vaccine
requires would be handled by the company until the point of
delivery," Delgado told Reuters in an interview late on
Thursday.

Mexico has inked an agreement with Pfizer to acquire 34.4
million doses of its two-shot vaccine, and the first 250,000
shots are expected to arrive this month, with deliveries
possibly continuing until December of 2021. The government has
said it will prioritize vaccinating health workers.

The prospect of vaccine delivery is the "beginning of the
end" of the pandemic, said Delgado.

Pfizer submitted details about its vaccine to Mexico's
health regulator, Cofepris, last month and is awaiting approval.

The agreement is for 250,000 doses to be shipped in December
once the vaccine is approved. After those shots reach their
destination, the delivery of the second doses is triggered three
weeks later, Delgado said.

The government of President Andres Manuel Lopez Obrador has
also signed a pre-purchase agreement for the vaccine developed
by AstraZeneca Plc and Oxford University. Mexico expects
enough doses to be delivered between March and August to
inoculate 38.7 million people.

But a hiccup in that vaccine's late-stage clinical trial in
which some volunteers received a half dose followed by a full
dose, instead of two full doses, could delay delivery, said
Delgado.

The half-dose first pattern was found to be 90% effective in
preventing illness, versus a 62% success rate with the two full
dose regimen, according to interim data.

"Once we have the results of the study confirming (the new
data), I think they'll also tell us if we have a week, two, or I
don't know how many of delay in delivery," Delgado said.

Mexico also has a pre-purchase agreement to supply doses for
35 million people with a vaccine from China's CanSino Biologics
Inc, which is conducting large-scale trials at 19 test
centers in the country.

Delgado said CanSino's trial in Mexico has enrolled some
15,000 participants out of a 40,000-volunteer global program,
and delivery could happen from early next year through Sept.
2021.

Mexico had said first deliveries could happen in December.

"Over a third of CanSino's global clinical trial is
happening here in Mexico. So this is very relevant; it also
demonstrates technical confidence," said Delgado, adding that
the Chinese firm has invested over $280 million in Mexico.

Additionally, Mexico has secured enough vaccines to cover
20% of its population through the global COVAX facility
mechanism, led by the GAVI vaccines alliance and the World
Health Organization to promote equitable access.

Mexico has a population of over 120 million and the virus
has killed more than 108,000 people. Infections are around peak
levels, so hopes are riding high on the vaccines.

"There is a light at the end of the tunnel," Delgado said.
(Reporting by Anthony Esposito and Adriana Barrera; Editing by
Frank Jack Daniel and Bill Berkrot)

More News
3 Jan 2024 07:54

LONDON BRIEFING: Stocks to open flat pre-Fed minutes, jobs data

(Alliance News) - The FTSE 100 is expected to open flat on Wednesday, as London's flagship index celebrates its 40th anniversary, after mostly downbeat trading in Asia and a tech sell-off in New York.

Read more
2 Jan 2024 17:05

British equities slip on higher yields, financials drag

FTSE 100 down 0.2%, FTSE 250 off 0.9%

*

Read more
2 Jan 2024 12:01

LONDON MARKET MIDDAY: London stocks make largely soft start to 2024

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday in a slow start to the new year, reacting to the UK manufacturing sector finishing a tricky 2023 with a further contraction in December.

Read more
2 Jan 2024 11:00

Weight-loss drugs: Who, and what, are they good for?

Jan 2 (Reuters) - Powerful weight-loss medicines like Novo Nordisk's Wegovy leapt into public view in 2023, from social media to doctors' offices and cocktail parties, offering a new way to address record obesity rates.

Read more
2 Jan 2024 11:00

What other health conditions might weight-loss drugs treat?

Jan 2 (Reuters) - Novo Nordisk's blockbuster diabetes drug Ozempic and weight-loss therapy Wegovy are being studied to see whether they can improve health in other ways.

Read more
2 Jan 2024 08:48

LONDON MARKET OPEN: New Year begins largely green amid slew of PMIs

(Alliance News) - Stock prices in London opened mostly up on Tuesday, the first day of trading in 2024, reacting to slightly improved factory activity in China, with more manufacturing PMIs from major economies due.

Read more
2 Jan 2024 08:26

AstraZeneca and Sanofi received approval in China for RSV antibody

(Alliance News) - AstraZeneca PLC and Sanofi SA's long-acting monoclonal antibody Beyfortus received approval for use in China to prevent respiratory syncytial virus disease, Astra said on Tuesday.

Read more
2 Jan 2024 07:57

LONDON BRIEFING: AstraZeneca, Sanofi's RSV treatment approved in China

(Alliance News) - Stock prices in London are expected to open higher on Tuesday, reacting to a slight expansion in manufacturing activity in China and ahead of a slew of manufacturing PMI data including for the UK.

Read more
27 Dec 2023 17:04

Rate-cut optimism, autos push UK stocks higher

FTSE 100 up 0.4%, FTSE 250 adds 0.5%

*

Read more
27 Dec 2023 17:02

LONDON MARKET CLOSE: Stocks start week higher as 2024 draws to close

(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024.

Read more
27 Dec 2023 14:25

London close: Stocks maintain gains amid post-Christmas rally

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, buoyed by a global surge in stock prices as the S&P 500 neared an all-time high on Wall Street.

Read more
27 Dec 2023 12:06

LONDON MARKET MIDDAY: Stocks hold onto gains amid US rate cut hopes

(Alliance News) - London's FTSE 100 index was outperforming other European stock-price measures at midday on Wednesday, boosted by gains for miners and industrials.

Read more
27 Dec 2023 11:20

London midday: Stocks ride global wave of post-Christmas optimism

(Sharecast News) - London's equity markets were still above the waterline at lunchtime on Wednesday, following a late Santa rally on Wall Street overnight.

Read more
27 Dec 2023 08:48

LONDON MARKET OPEN: FTSE 100 gains led by miners and industrials

(Alliance News) - Stock prices in London opened in the green on Wednesday, as hopes for US interest rate cuts in the new year continued to propel global equities higher.

Read more
27 Dec 2023 08:26

London open: FTSE takes cues from Wall Street 'Santa rally'

(Sharecast News) - London's stocks returned from the Christmas break in the green on Wednesday, boosted by a late Santa rally on Wall Street overnight.

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.