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Share Price: 11,930.00
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UPDATE 2-COVID-19 vaccine sprint as Pfizer-BioNTech, Moderna seek emergency EU approval

Tue, 01st Dec 2020 11:09

* Pfizer, BioNTech request EU conditional approval

* Regulator says panel to meet Dec 29 at latest

* Rival Moderna also submits EU filing for its shot

* Both groups have applied for U.S. emergency use
(Adds review timing, details on Moderna request)

By Ludwig Burger

FRANKFURT, Dec 1 (Reuters) - Moderna and Pfizer-BioNTech
are in a tight race to launch their COVID-19 vaccines in Europe
after both applied for emergency EU approval on Tuesday, though
there was uncertainty over whether a rollout could begin this
year.

The applications to the European Medicines Agency (EMA) came
a day after Moderna sought emergency use for its shot
in the United States and more than a week after Pfizer
and BioNTech did the same.

U.S. drugmaker Pfizer and its German development partner
BioNTech said their vaccine could be launched in the European
Union as early as this month.

"We can start to deliver within a few hours (of an
approval)," said Sierk Poetting, head of operations and finance
at BioNTech. "We have been stocking up. And everything that is
there can really be distributed within a few hours."

The EMA clouded the timeline, however, when it said it would
complete its review for that vaccine by Dec. 29 at the latest,
and for Moderna's shot by Jan. 12. It added its schedule may be
subject to change as its evaluation proceeds.

The European Commission, the EU executive body, said it
would likely give its final authorization for a vaccine's
rollout days after a recommendation by the EMA.

An effective immunization is seen as the main weapon against
the pandemic, which has claimed more than 1.4 million lives and
ravaged economies across the globe. Close to 50 potential
vaccines are being tested on volunteers worldwide.

Both U.S. biotech firm Moderna and Pfizer-BioNTech have
reported preliminary findings of more than 90% effectiveness -
an unexpectedly high rate - in trials of their vaccines, which
are both based on new messenger RNA (mRNA) technology.

CUSTOMISED GENETIC CODE

Their work validates that of several biotech experts, who
for years have been labouring to prove a once-unorthodox idea:
The human body can act as its own vaccine factory.

Both inoculations work by injecting people with customised
genetic code that instructs human cells to make key virus
proteins to induce an immune response.

Pfizer and BioNTech reported final trial results on Nov. 18
that showed their vaccine candidate, known as BNT162b2, was 95%
effective in preventing COVID-19, with no major safety concerns.

Moderna Inc said on Monday that full results from a
late-stage study showed its candidate, mRNA-1273, was 94.1%
effective, also with no serious safety concerns.

Any clearance in the EU and United States for the vaccines
will be "conditional" or for "emergency use", meaning developers
are obliged to continue trials and provide more trial results as
they emerge.

The European filings complete so-called rolling reviews,
which was initiated with the EMA on Oct. 6 in the case of Pfizer
and on Nov. 16 for Moderna.

The British government said https://www.gov.uk/government/news/government-welcomes-the-mhra-review-into-pfizer-and-biontech-vaccine
last week that Pfizer and BioNTech had reported the data from
their clinical trials to the Medicines and Healthcare products
Regulatory Agency (MHRA).

(Reporting by Ludwig Burger and Josephine Mason; Additional
reporting by Markus Wacket in Berlin; Editing by Pravin Char)

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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:

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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.

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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.

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1 Dec 2023 08:01

AstraZeneca calls off two phase III trials into hyperkalaemia treatment

(Sharecast News) - Drugmaker AstraZeneca has called off two phase III trials on its hyperkalaemia treatment after a series of logistical challenges.

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1 Dec 2023 07:41

LONDON BRIEFING: Stocks called higher; UK house prices fall annually

(Alliance News) - Stocks in London are called to open higher on Friday, following data from Nationwide showing that the annual pace of UK house price decline slowed in November.

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27 Nov 2023 16:12

London close: Stocks start week in subdued state

(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.

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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

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

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23 Nov 2023 18:41

IN BRIEF: AstraZeneca Chair Demare buys shares for over GBP200,000

AstraZeneca PLC - Cambridge-based pharmaceutical company - Chair Michel Demare buys 2,000 shares in total on Wednesday and Tuesday. Buys 1,000 shares for GBP101.05 each on Tuesday and 1,000 shares for GBP101.70 each on Thursday, for a total of GBP202,752.

Read more

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