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: 12,416.00
Bid: 12,304.00
Ask: 12,600.00
Change: 0.00 (0.00%)
Spread: 296.00 (2.406%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 12,416.00
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 2-As coronavirus soars, U.S. cheers Britain's vaccine approval

Wed, 02nd Dec 2020 19:34

(Adds new CDC quarantine guidelines, record deaths in several
states)

By Daniel Trotta and Maria Caspani

NEW YORK, Dec 2 (Reuters) - U.S. health experts on Wednesday
welcomed British emergency approval of Pfizer Inc's COVID-19
vaccine, a sign that U.S. regulators may soon follow suit in a
bid to bring the surging pandemic under control.

As U.S. coronavirus hospitalizations jumped to their highest
since the onset of the global pandemic, Britain gave emergency
use approval to the vaccine developed by Pfizer and
German partner BioNTech SE, the first country to do
so.

Britain said it would start inoculating high-risk people
early next week, a move that could make Americans more confident
about the prospect of an expected mass vaccination campaign
reminiscent of the anti-polio campaigns of the 1950s and 1960s.

"This should be very reassuring. An independent regulatory
authority in another country has found this vaccine to be safe
and effective for use," U.S. Health Secretary Alex Azar told Fox
Business Network on Wednesday.

U.S. COVID-19 hospitalizations hit a record for a fourth
consecutive day on Tuesday, approaching 100,000, according to a
Reuters tally. At the same time, exhausted healthcare
professionals are short-staffed, with many of their colleagues
falling sick.

Another 2,624 U.S. deaths were reported on Tuesday, the
fifth-highest daily total on record, raising the cumulative
death toll above 270,000 since the pandemic began. At least four
states - Illinois, Kansas, Minnesota and Oklahoma - reported a
record increase in deaths on Wednesday.

Although China and Russia also have moved ahead with
inoculation campaigns with their own vaccines, Britain's medical
standards more closely align with those of the United States.

"It's got major significance being that it's the first
Western country to approve the vaccine for a roll-out and start
administering it to the public," said Kirsten Hokeness, an
immunology and virology expert and chair of Science and
Technology at Bryant University in Smithfield, Rhode Island.

"It's going to put a little pressure on us to rapidly
evaluate the data," Hokeness said.

A U.S. Food and Drug Administration (FDA) panel of outside
advisers will meet on Dec. 10 to discuss whether to recommend
emergency use authorization of the Pfizer vaccine. Moderna's
vaccine, which employs similar technology as Pfizer's
and was also nearly 95% effective in preventing illness in a
pivotal clinical trial, is expected to be reviewed a week later.

Of particular interest is how Britain manages the Pfizer
vaccine's requirement to be stored at minus-70 degrees Celsius
(-94 Fahrenheit). Moderna's can be kept at more normal
refrigerator temperatures.

But the British experience is unlikely to factor into U.S.
regulatory approval, which instead will focus on the clinical
trial data.

'THE SINGLE MOST IMPORTANT TOOL'

While some U.S. health officials described a timeline that
assumed FDA authorization would come within days of the Dec. 10
meeting, others have said it could take weeks.

"Surely we want a vaccine available as soon as it is deemed
safe. We want to make sure that we can provide accurate
information to the public," said Dr. Lisa Costello, a professor
of pediatrics at the West Virginia University School of Medicine
who is helping advise West Virginia's state government on
vaccine distribution.

Virginia Governor Ralph Northam expressed confidence in the
safety of the vaccines at a news conference on Wednesday.

"As a doctor, I am confident that all protocols have been
followed and no corners have been cut," he said.

Pfizer, Moderna and AstraZeneca Plc have already
started manufacturing their vaccines and say distribution could
begin almost immediately after approval. AstraZeneca, however,
may have to conduct an additional trial to gain U.S. approval
after a dosing error led to better results in recently released
data than for its planned regimen.

Moderna, which has millions of doses ready to be shipped,
expects its vaccine could be approved for emergency use within
24 to 72 hours after the FDA advisory committee meeting on Dec.
17, Chief Executive Stéphane Bancel said on Wednesday.

Beyond regulatory hurdles, vaccinations face opposition from
significant numbers of Americans who reject medical science and
fear vaccines as harmful.

Similarly, many Americans still refuse to follow basic
public health guidance on wearing masks and avoiding crowds,
even as the pandemic killed 10,000 people and infected 1.1
million last week alone in the United States.

"A vaccine will be the single most important tool we have to
fight COVID, but it's not going to turn things around
overnight," Dr. Tom Frieden, former director of the U.S. Centers
for Disease Control and Prevention, wrote on Twitter.

"We must do much better at knocking the virus down with
nuanced, well-timed closures and measures such as rapid testing,
isolation, and contact tracing."

In hopes of increasing compliance, the U.S. Centers for
Disease Control and Prevention (CDC) on Wednesday added new
guidelines for shorter quarantines after coronavirus exposure.

The health agency said seven days with a negative COVID-19
test and 10 days without a test would work for individuals
showing no symptoms after exposure to the virus. But it still
recommends a 14-day quarantine period as the best way to reduce
its spread.

(Reporting by Daniel Trotta, Nathan Layne, Doina Chiacu, Maria
Caspani, Caroline Humer, Lisa Shumaker, Peter Szekely, Susan
Heavey, Mrinalika Roy and Trisha Roy;
Editing by Bill Berkrot and Rosalba O'Brien)

More News
15 Dec 2023 16:51

LONDON MARKET CLOSE: FTSE 100 underperforms as post-Fed rally cools

(Alliance News) - London's FTSE 100 ended lower on Friday, with profit-taking and some hawkish words from a US policymaker keeping equities in check at the end of a largely positive week for stocks.

Read more
15 Dec 2023 16:29

PRESS: GSK, Astra and AbbVie in US scrutiny over patents - Bloomberg

(Alliance News) - A US senator has accused AstraZeneca PLC, GSK PLC, AbbVie Inc and other drugmakers of "abusing" the patent system to send prices higher, Bloomberg reported on Thursday.

Read more
13 Dec 2023 17:07

UK's FTSE 100 rises as pound slips on GDP data; awaits Fed rate decision

UK economy shrinks by 0.3% in October

*

Read more
12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

Read more
12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

Read more
12 Dec 2023 10:08

AstraZeneca buys respiratory vaccine developer Icosavax in $1.1 bln deal

Dec 12 (Reuters) - AstraZeneca said on Tuesday it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax in a deal valued at up to $1.1 billion.

Read more
12 Dec 2023 08:53

LONDON MARKET OPEN: FTSE 100 opens higher ahead of US CPI

(Alliance News) - Stock prices in London opened higher on Tuesday, as investors digest the latest UK unemployment data, before turning their eyes to US inflation this afternoon.

Read more
12 Dec 2023 08:37

AstraZeneca acquires vaccine developer Icosavax for USD1.1 billion

(Alliance News) - AstraZeneca PLC confirmed on Tuesday that it will buy Icosavax Inc, boosting its vaccine portfolio with an "innovative" treatment for respiratory viruses.

Read more
12 Dec 2023 07:39

LONDON BRIEFING: UK unemployment unchanged at 4.2%; eyes on US CPI

(Alliance News) - Stocks in London are called to open higher, as investors digest the latest UK unemployment data, before turning their heads to US inflation.

Read more
12 Dec 2023 07:16

AstraZeneca to buy US vaccine maker Icosavax for up to $1.1bn

(Sharecast News) - AstraZeneca said on Tuesday that it has agreed to buy Icosavax - a US-based clinical-stage biopharmaceutical company - for up to $1.1bn.

Read more
12 Dec 2023 02:00

UK companies pause China investment decisions as economy slows, survey shows

BEIJING, Dec 12 (Reuters) - A slowdown in both the Chinese and global economies is the biggest issue affecting British firms in the world's second-largest economy, beating geopolitical concerns and market access barriers, according to the British Chamber of Commerce in China.

Read more
11 Dec 2023 08:15

AstraZeneca says danicopan tests well as blood disorder treatment

(Alliance News) - AstraZeneca PLC on Monday reported "positive results" from a test of danicopan for the treatment of paroxysmal nocturnal haemoglobinuria, or PNH, a rare and severe blood disorder.

Read more
5 Dec 2023 10:02

LONDON BROKER RATINGS: Goldman lifts Landsec and British Land

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

Read more
1 Dec 2023 08:52

LONDON MARKET OPEN: Miners give FTSE 100 boost thanks to China PMI

(Alliance News) - Stock prices in London opened higher on Friday, with the FTSE 100 boosted by mining stocks.

Read more
1 Dec 2023 08:33

AstraZeneca discontinues two phase III evidence trials for Lokelma

(Alliance News) - AstraZeneca on Friday said it has decided to discontinue the Stabilize-CKD and Dialize-outcomes phase III trials for Lokelma, citing increased enrolment timelines.

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.