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Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

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UPDATE 3-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 EMA starting rolling review of J&J candidate)

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,
initiated by the EMA on Oct. 6 in the case of Pfizer and on Nov.
16 for Moderna, aimed at speeding up the process by doing a
real-time assessment of the data as it lands.

The EMA said on Tuesday it had started a rolling review of
Johnson & Johnson's vaccine candidate after preliminary
results showed it triggered production of antibodies and immune
cells against the virus. The review will go on until enough
evidence ss available for a formal marketing authorisation
application, the regulator added.

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)

More News
5 Apr 2024 07:23

AstraZeneca announces positive lung cancer treatment trial results

(Sharecast News) - AstraZeneca announced positive high-level results from a phase three trial demonstrating significant advancements in the treatment of limited-stage small cell lung cancer (LS-SCLC) on Friday.

Read more
4 Apr 2024 13:09

UK shareholder meetings calendar - next 7 days

Friday 5 April 
Faron Pharmaceuticals LtdAGM
VPC Specialty Lending Investments PLCGM re capital return via B share scheme
Monday 8 April 
Premier African Minerals LtdAGM
Tuesday 9 April 
Ethernity Networks LtdEGM re board appointments and option grants
Wednesday 10 April 
Valereum PLCAGM
Wincanton PLCGM re takeover by GXO Logistics Inc
Thursday 11 April 
AstraZeneca PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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3 Apr 2024 22:01

Biden, Senator Bernie Sanders push companies to cut cost of asthma inhalers, prescription drugs

WASHINGTON, April 3 (Reuters) - President Joe Biden hosted a White House event with U.S. Senator Bernie Sanders on Wednesday to tout their fight against high prescription drug prices and push companies to cut the cost of inhalers for asthma sufferers.

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3 Apr 2024 17:22

UK's FTSE 100 pressured by stronger pound; miners climb

FTSE 100 flat, FTSE 250 up 0.2%

*

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3 Apr 2024 11:02

CORRECT: AstraZeneca, Daiichi make US progress with licence approvals

(Correcting the description of extravascular haemolysis' effects on patients with paroxysmal nocturnal haemoglobinuria)

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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2 Apr 2024 11:50

LONDON MARKET MIDDAY: FTSE 100 buoyed by UK manufacturing growth

(Alliance News) - The FTSE 100 in London was up at midday on Tuesday, reacting to the UK manufacturing sector returning growth and further PMI data across the globe.

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2 Apr 2024 10:25

AstraZeneca and Daiichi make US progress with latest licence approvals

(Alliance News) - AstraZeneca PLC on Tuesday noted significant progress for two of its clinical-stage treatments in the US.

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2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

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

Read more
2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

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2 Apr 2024 08:05

LONDON BRIEFING: HSBC in special payout on Canada sale; Astra FDA win

(Alliance News) - London's FTSE 100 traded higher on Tuesday following the long weekend, as investors react to US data, and look ahead to manufacturing sector readings from Europe later.

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2 Apr 2024 07:08

US FDA gives green light for use of AstraZeneca's Voydeva

(Sharecast News) - America's drug regulator gave the green light to AstraZeneca's for the add-on use of Voydeya in the treatment of extravascular haemolysis (EVH) in patients with paroxysmal nocturnal haemoglobinuria (PNH).

Read more
27 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US PCE data

(Alliance News) - Stock prices in London were lower at midday on Wednesday, but trade was more confident in mainland Europe, with focus turning to the release of the US Federal Reserve's preferred inflation gauge on Friday.

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27 Mar 2024 11:56

C4X Discovery seeks AIM delisting but half-year revenue skyrockets

(Alliance News) - C4X Discovery Holdings PLC shares plunged on Wednesday after it said it plans to delist from AIM in London, due to "the recent downturn in the financial markets" hampering its valuation.

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27 Mar 2024 09:19

AstraZeneca treatments become "first and only" to be approved in Japan

(Alliance News) - AstraZeneca PLC announced on Wednesday the approval of two of its treatments for use in Japan.

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