Firering Strategic Minerals: From explorer to producer. 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: 12,420.00
Bid: 12,418.00
Ask: 12,422.00
Change: 22.00 (0.18%)
Spread: 4.00 (0.032%)
Open: 12,432.00
High: 12,482.00
Low: 12,418.00
Prev. Close: 12,398.00
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 3-African Union drops AstraZeneca vaccine, which COVAX will supply

Thu, 08th Apr 2021 10:26

* Africa CDC says decision not linked to clot fears

* Seeking more J&J shots while COVAX sources AstraZeneca

* Aiming not to compete with COVAX during supply crunch
(Clarifies role of COVAX in headline, edits)

NAIROBI, April 8 (Reuters) - The African Union's disease
control body said on Thursday it had dropped plans to secure
AstraZeneca COVID-19 vaccines for its members from the
Serum Institute of India, the world's biggest vaccine supplier,
amid global shortfalls of the shot.

AstraZeneca's $3 shot is by far the cheapest coronavirus
vaccine launched so far, and the easiest to store and transport,
making it well suited to developing countries.

On Wednesday, European and British medicine regulators said
they had found possible links between the vaccine and extremely
rare cases of brain blood clots, while emphatically reaffirming
its importance in mass vaccination against COVID-19.

John Nkengasong, head of the Africa Centres for Disease
Control and Prevention (Africa CDC), said the AU's decision had
nothing to do with those findings, and reiterated his advice
that the benefits of the vaccine outweighed the risks.

He said the main reason was to avoid duplicating COVAX's
efforts by the World Health Organization-backed COVAX facility,
which will continue to supply AstraZeneca to Africa.

He said the AU was focusing on the Johnson & Johnson
vaccine, citing a deal announced last week to supply Africa with
up to 400 million doses.

COVAX aims to deliver 600 million shots - most of them from
AstraZeneca - to some 40 African countries this year, enough to
vaccinate 20% of their populations.

Africa trails most other regions in COVID-19 vaccinations;
fewer than 13 million doses have been administered on a
continent of 1.3 billion people, according to the Africa CDC.

'NOT COMPETING'

The AU had wanted to secure up to 500 million additional
AstraZeneca shots for its 55 member states, at $3 per shot.

However, last month India suspended its exports to meet
rising domestic demand.

Nkengasong said the subsequent delays were complicating
vaccination across Africa, noting that health systems had to
know that second doses would be available in time for those who
had received a first dose.

Matshidiso Moeti, who heads the WHO's Africa office,
confirmed the two organisations wanted to ensure they were "not
competing and stepping over each other looking for the same
vaccines".

"I am very much assured that it is not to do with doubts
about the safety and other considerations on the AstraZeneca
vaccines. It's simply to recognise that there are challenges
with the volumes that are available," she told a separate news
briefing.

The single-shot J&J doses secured last week will not arrive
until the third quarter, and Nkengasong said Africa would find
it hard to bridge the gap in the meantime.

South Africa has cancelled orders of the AstraZeneca vaccine
after finding it gave only minimal protection against
mild-to-moderate infection caused by the country's dominant,
highly infectious variant.

Russia and China are also offering vaccines, but there are
questions about their cost and availability in large volumes.

The virus is confirmed to have killed 114,000 people across
Africa, and infected 4.33 million.
(Reporting by Maggie Fick; Writing by Katharine Houreld;
Editing by Alex Richardson, Nick Macfie and Alison Williams)

More News
21 May 2024 12:03

CORRECT: Stocks fall but pound up as IMF ups UK forecast

(Correcting London Stock Exchange index prices.)

Read more
21 May 2024 12:00

LONDON MARKET MIDDAY: Stocks fall but pound up as IMF ups UK forecast

(Alliance News) - Stock prices in Europe were lower heading into Tuesday afternoon, with shares in New York also set for a muted open, as a recent rally for equities takes a pause.

Read more
21 May 2024 11:23

AstraZeneca aims for $80 bln in total revenue by 2030

Sees $80 bln in 2030 revenue by 2030

*

Read more
21 May 2024 09:04

LONDON MARKET OPEN: FTSE 100 declines after Asian stocks fall

(Alliance News) - Stock prices in London opened in the red on Tuesday, with some US interest rate cut optimism cooling after hawkish words from Federal Reserve central bankers.

Read more
21 May 2024 08:18

TOP NEWS: AstraZeneca eyes new era of growth with bold new revenue aim

(Alliance News) - AstraZeneca PLC on Tuesday set out its ambition to achieve USD80 billion in annual revenue by the end of the decade as it signalled a new "era of growth."

Read more
21 May 2024 07:52

LONDON BRIEFING: AstraZeneca plots "new era of growth"; SSP confident

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, following a mixed close in New York overnight, and tepid trade in Asia.

Read more
21 May 2024 07:34

AstraZeneca lays out plans to hit $80bn in revenues by 2030

(Sharecast News) - AstraZeneca has unveiled medium-term growth targets to nearly double group revenues by the end of the decade as it predicts significant growth from existing oncology, biopharmaceuticals and rare disease portfolios.

Read more
20 May 2024 11:55

LONDON MARKET MIDDAY: Gold shines amid interest rate cut hopes

(Alliance News) - Stock prices in London got a boost at midday on Monday, as investors eye a key UK inflation reading later in the week, which is expected to show cooling prices.

Read more
20 May 2024 08:56

AstraZeneca to build $1.5-bln cancer drug plant in Singapore

Plans to build ADCs manufacturing facility in Singapore

*

Read more
20 May 2024 08:24

TOP NEWS: AstraZeneca plans to build manufacturing plant in Singapore

(Alliance News) - AstraZeneca PLC on Monday announced plans for a USD1.5 billion manufacturing facility in Singapore to produce antibody drug conjugates, treatments that deliver "highly potent cancer-killing agents".

Read more
20 May 2024 07:47

LONDON BRIEFING: Keywords would back GBP2.0 billion bid as EQT circles

(Alliance News) - London's FTSE 100 is called to open higher at the start of the week, while the pound climbed and gold hit another record high, with investors hopeful the Federal Reserve could soon cut US interest rates.

Read more
20 May 2024 07:22

AstraZeneca announces $1.5bn Singapore manufacturing facility

(Sharecast News) - AstraZeneca announced plans to construct a $1.5bn manufacturing facility in Singapore on Monday, dedicated to the production of antibody drug conjugates (ADCs).

Read more
17 May 2024 22:25

Pfizer wins $107.5 million from AstraZeneca in US cancer drug patent trial

May 17 (Reuters) - AstraZeneca owes Pfizer $107.5 million in damages, a Delaware federal jury said on Friday after finding that AstraZeneca's blockbuster lung cancer drug Tagrisso violated its Wyeth unit's patent rights.

Read more
16 May 2024 10:27

AstraZeneca trials yield positive results for immunocompromised patients

(Alliance News) - AstraZeneca PLC on Thursday said results from recent trials revealed a significant reduction in cases of Covid-19.

Read more
12 May 2024 13:25

Pfizer and AstraZeneca announce new investments of nearly $1 billion in France

PARIS, May 12 (Reuters) - Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth a total of nearly $1 billion, ahead of the start of this year's annual 'Choose France' business summit.

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.