The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 12,404.00
Bid: 12,416.00
Ask: 12,418.00
Change: 44.00 (0.36%)
Spread: 2.00 (0.016%)
Open: 12,330.00
High: 12,450.00
Low: 12,316.00
Prev. Close: 12,360.00
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-EU seals second COVID-19 vaccine deal as WHO scheme deadline looms

Fri, 18th Sep 2020 10:51

* Sanofi, GSK to supply up to 300 mln shots

* Deal comes on deadline day to join WHO's COVAX scheme

* Many wealthy countries still to join
(Adds details, context)

By Philip Blenkinsop and Matthias Blamont

BRUSSELS/PARIS, Sept 18 (Reuters) - The European Union has
agreed to buy a potential COVID-19 vaccine from Sanofi
and GSK in its second such deal to secure supplies, as a
deadline for joining the World Health Organization's (WHO)
vaccine purchase programme looms.

The deal will see the French and British drugmakers, which
have teamed up to manufacture a recombinant protein-based
vaccine they hope to get approved next year, provide the EU with
up to 300 million doses.

Friday's agreement confirms an announcement made on July 31
by the two companies and follows an earlier deal between the EU
and AstraZeneca for up to 400 million shots.

In return for the right to the doses, the European
Commission will finance part of the upfront costs faced by
vaccine producers. The vaccine doses themselves will be bought
by EU countries.

The latest deal comes on deadline day for members of the WHO
to join its COVAX scheme, which aims to buy COVID-19 vaccines
and ensure immunisations are fairly and efficiently distributed.

So far, 92 lower-income nations are seeking assistance via
COVAX, part of the WHO's ACT Accelerator to boost development of
vaccines, therapeutics and diagnostics to combat the pandemic.

Some 80 higher-income nations have expressed interest, but
many have yet to join as they scramble to secure supplies
separately.

France will provide funding for the initiative but will not
source shots through it, a health ministry official said on
Thursday, after Paris decided to be part of a joint scheme
arranged through the EU.

There is currently no internationally-approved vaccine for
COVID-19, the illness caused by the new coronavirus, which has
claimed more than 946,000 lives and derailed the world economy.

For Sanofi and GSK, the deal follows a $2.1 billion
agreement with the United States in July for 100 million doses,
with an option for Washington to purchase an additional 500
million, as well as a UK deal for 60 million doses.

Sanofi and GSK started clinical trials of their vaccine this
month and aim to reach the final testing stage by December.

The vaccine candidate uses the same recombinant
protein-based technology as one of Sanofi's seasonal influenza
vaccines. It will be coupled with an adjuvant, a substance that
acts as a booster to the vaccine, made by GSK.

The two companies are scaling up manufacturing to be ready
to produce up to one billion doses per year.

Sanofi is also working on another potential COVID-19 vaccine
with U.S. company Translate Bio, using a technology
called mRNA.
FACTBOX- The race for a coronavirus vaccine
FACTBOX-U.S., UK spend billions to take lead in securing
coronavirus vaccines

More News
22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

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

Read more
22 May 2024 02:00

British firms expecting hard time in China market, lobby group warns

BEIJING, May 22 (Reuters) - British firms expect doing business in China to become harder over the next five years, a British business lobby group said on Wednesday, as Beijing strives to halt a retreat in foreign funds from a market once seen as the engine of global growth.

Read more
21 May 2024 19:00

Sector movers: Stocks slip amid light profit-taking

(Sharecast News) - Stocks ended a tad lower as investors waited on a raft of US central bank speakers scheduled for after the close of markets in London.

Read more
21 May 2024 17:20

Europe's STOXX 600 ends lower as rate uncertainty prevails

Focus on Fed minutes, Nvidia earnings

*

Read more
21 May 2024 17:04

LONDON MARKET CLOSE: London dips as eyes turn to UK inflation reading

(Alliance News) - Stock prices in London closed in the red on Tuesday, as investors nervously eye a key UK inflation reading, which could prompt the Bank of England to consider interest rate cuts.

Read more
21 May 2024 15:00

London close: Stocks fall ahead of key inflation reading

(Sharecast News) - London stocks ended in negative territory on Tuesday, influenced by the latest UK economic outlook from the International Monetary Fund (IMF) and comments from US Federal Reserve officials.

Read more
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

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.