Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. 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: 12,234.00
Bid: 12,234.00
Ask: 12,238.00
Change: 64.00 (0.53%)
Spread: 4.00 (0.033%)
Open: 12,114.00
High: 12,258.00
Low: 12,114.00
Prev. Close: 12,170.00
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-India pledges massive boost in vaccine output as COVID-19 cases surge

Fri, 16th Apr 2021 11:05

* Govt says to raise Covaxin output to 100 mln doses/month
by Sept

* Current Covaxin capacity stuck at 10 mln/month

* Vaccinations peaked at 4.5 million doses on April 5

* Inoculations have averaged about 3 million a day since
then

* Vaccine maker appeals to Biden to lift raw-material export
ban
(Adds govt statement on vaccine capacity)

By Krishna N. Das

NEW DELHI, April 16 (Reuters) - India pledged on Friday to
raise monthly production of its own COVID-19 vaccine about
tenfold to nearly 100 million doses by September, as
immunisations have slowed in the country despite a surge in new
infections.

After donating and selling tens of millions vaccine doses
abroad, India has suddenly found itself short of Covaxin, its
only domestically made shot. The government is now trying to
raise production at manufacturer Bharat Biotech, and fast-track
imports of other vaccines.

The ministry of science and technology, giving the September
target, pegged current capacity at 10 million doses a month.

"The current production capacity of indigenously developed
Covaxin vaccine will be doubled by May-June 2021 and then
increased nearly 6-7 fold by July-August," it said.

The ministry added that the government would provide $17
million in funding to boost Covaxin output. Apart from Bharat
Biotech, two state-sector firms - Haffkine Biopharmaceutical and
Indian Immunologicals Ltd - will develop a combined monthly
capacity of up to 35 million doses in the coming months, under
the plan.

India's daily vaccinations peaked at 4.5 million doses on
April 5, as its second wave of infections picked up, but have
averaged about 3 million a day since then, according to the
government's Co-Win portal that coordinates immunisations.

The AstraZeneca vaccine, made locally by the Serum
Institute of India (SII), accounts for more than 91% of the
115.5 million doses given in the country. But a production
ramp-up at SII, the world's biggest vaccine maker, has been
delayed by a raw-material shortage due to U.S. supply
restrictions.

ENOUGH FOR NINE DAYS

SII Chief Executive Adar Poonawalla appealed directly to
U.S. President Joe Biden to end the supply curb, which is aimed
at supporting American vaccine companies.

"Respected @POTUS, if we are to truly unite in beating this
virus, on behalf of the vaccine industry outside the U.S., I
humbly request you to lift the embargo of raw-material exports
out of the U.S. so that vaccine production can ramp up,"
Poonawalla said on Twitter.

India has reported the most number of COVID-19 cases in the
world this month. Its total of 14.3 million infections since the
pandemic began is the most after the United States. India has
also recorded 174,308 deaths.

Many vaccination centres in India are now rationing supplies
though they are only inoculating people above 45 years, having
started the campaign in mid-January with front-line workers.

India has administered the most doses in the world after the
United States and China, but it ranks much lower per capita.

The government said on Friday the country had a stock of
about 26.7 million doses of vaccines. Going by vaccination rates
in the past week, that will last about nine days.

India this week gave emergency authorisation to Russia's
Sputnik V vaccine and imports to cover as many as 125 million
people will start this month. The government has also urged
Pfizer, Moderna and Johnson and Johnson to sell
their shots to India.
(eporting by Krishna N. Das; additional reporting by Sankalp
Phartiyal and Nallur Sethuraman; Editing by Larry King and
Pravin Char)

More News
Today 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
Today 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
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

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.