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: 12,326.00
Bid: 12,326.00
Ask: 12,328.00
Change: -78.00 (-0.63%)
Spread: 2.00 (0.016%)
Open: 12,334.00
High: 12,362.00
Low: 12,250.00
Prev. Close: 12,404.00
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-Sanofi and GSK delay COVID-19 vaccine, marking setback to global fight

Fri, 11th Dec 2020 06:26

* Phase I/II results show low immune response in older
adults

* New study expected next year using improved antigen
formulation

* Eyes regulatory submission in the second half of 2021

By Matthias Blamont

PARIS, Dec 11 (Reuters) - Sanofi and
GlaxoSmithKline said clinical trials of their COVID-19
vaccine showed an insufficient immune response in older people,
delaying its launch to late next year and marking a setback in
the global fight against the pandemic.

The announcement on Friday, which highlighted the challenges
of developing shots at record speed, hinders efforts to develop
the multiple options that experts say the world needs to counter
a disease that has killed over 1.5 million people.

The news, which came on the same day as Australia axed a
domestic vaccine project, is also a blow for many governments
that have booked hundreds of millions of doses of the shot,
including the European Union, United States and Britain.

Shares in France's Sanofi were down 2.8% at 0910 GMT while
Britain's GSK was up 0.2%.

The two companies said they planned to start another study
next February, hoping to come up with a more effective vaccine
by the end of 2021.

The setback affects one of the most established technologies
in vaccines - used against the human papillomavirus, hepatitis B
and pertussis among other pathogens - which aims to introduce
lab-made proteins into the body to prod the immune system into
developing a targeted defence against the novel coronavirus.

It cements the lead of more novel approaches used by
vaccines from the likes of Pfizer-BioNTech and Moderna,
which use mRNA genetic technology to trick the body into
producing those proteins. Both of those shots were found to be
about 95% effective in successful large-scale trials.

Delays and additional trials are not unusual but the
Sanofi/GSK announcement highlights the unique set of challenges
facing drugmakers in multitasking science, speed and logistics
during a pandemic that has crushed global economies.

It also underscores why governments have spread their bets
by securing shots from different developers.

Australia cancelled the production of a COVID-19 vaccine
developed by the University of Queensland and using an adjuvant
made by biotech firm CSL after trials showed it could
interfere with HIV diagnosis.

DELAYED TO LATE 2021

Sanofi said Friday's results from Phase I/II trials showed
"an immune response comparable to patients who recovered from
COVID-19 in adults aged 18 to 49 years, but a low immune
response in older adults likely due to an insufficient
concentration of the antigen".

"With this type of vaccine, the result is not a surprise, we
know that more antigen is needed in older patients. But when in
Phase I and II, drugmakers test tolerance and one cannot test
strong dosages," said Jean-Daniel Lelievre, head of clinic
immunology and infectious diseases at Henri-Mondor hospital in
Creteil, France.

"I would think Sanofi and GSK will be able to improve their
vaccine."

Phase III studies were expected to start this month. However
Sanofi said it would instead launch a phase 2b study in
February.

"The study will include a proposed comparison with an
authorized COVID-19 vaccine," the company said, declining to
give further details on this.

"If data are positive, a global Phase III study could start
in Q2 2021. Positive results from this study would lead to
regulatory submissions in the second half of 2021, hence
delaying the vaccine's potential availability from mid-2021 to
Q4 2021."

The two companies said they had "updated governments and the
European Commission where a contractual commitment to purchase
the vaccine has been made."

BRITAIN JUMPS AHEAD

The vaccine 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.

Sanofi and GSK have scaled up manufacturing in order to be
ready to produce up to one billion doses of their vaccine in
2021. GSK said a goal to produce 1 billion doses of adjuvants -
with some expected to be delivered to other partners - in 2021
remained in place but was under review.

The Phase I/II study tested the safety, tolerability and
immune response of the vaccine in 440 healthy adults across 11
investigational sites in the United States..

This week, Britain started deploying the Pfizer-BioNTech
vaccine, jumping ahead of the rest of the world in the race.

Canada has also given the green light for the shot, while a
panel of outside advisers to the U.S. Food and Drug
Administration on Thursday voted to endorse emergency-use
authorization.

Rival developers AstraZeneca Plc and Moderna have
also reported late-stage data that shows their shots are
effective at preventing COVID-19.

Sanofi is also working on another vaccine candidate to
prevent COVID-19 with U.S. company Translate Bio which
will rely on a different technology called mRNA, similar to the
developed by Pfizer and Moderna. Phase I trials for this vaccine
are expected to start this month.

(Reporting by Matthias Blamont in Paris; Additional reporting
by Ludwig Burger in Frankfurt; Editing by Pravin Char)

More News
11 Apr 2024 17:07

Banks weigh down Europe's STOXX 600 after ECB signals rate cuts

Outlook hike sends Ambu shares up

*

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 11:50

LONDON MARKET MIDDAY: Europe takes hit on nerves ahead of ECB decision

(Alliance News) - European equities sunk lower at midday on Thursday, with sentiment hurt by hotter-than-expected inflation from the US crushing hopes of interest rate cuts.

Read more
11 Apr 2024 08:56

TOP NEWS: Astra plans 7% dividend hike for 2024 after no rise in 2023

(Alliance News) - AstraZeneca PLC said it intends to raise its annualised dividend for 2024, citing confidence in its business performance and cash generation.

Read more
11 Apr 2024 08:54

LONDON MARKET OPEN: European markets mixed ahead of ECB decision

(Alliance News) - European equities lacked direction early Thursday morning, ahead of an interest rate decision from the European Central Bank this afternoon.

Read more
11 Apr 2024 07:49

LONDON BRIEFING: Astra promises dividend hike; Darktrace ups guidance

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, as investors eye the latest interest rate decision from the European Central Bank, a day after a hotter-than-expected US inflation reading.

Read more
11 Apr 2024 07:20

AstraZeneca to hike 2024 dividend by 7%

(Sharecast News) - Biopharma giant AstraZeneca has announced that it will increase its annual dividend by 7%, which the board said demonstrates its confidence in the company's performance and cash generation.

Read more
8 Apr 2024 08:36

TOP NEWS: AstraZeneca hails neurological data for Ultomiris, Soliris

(Alliance News) - AstraZeneca PLC on Monday said long-term data in generalised myasthenia gravis will underscore the "vital role" of its Ultomiris and Soliris antibodies in the treatment landscape.

Read more
8 Apr 2024 07:43

LONDON BRIEFING: Astra hails neurology data; CVS flags cyberattack

(Alliance News) - London's FTSE 100 is called to open a touch higher on Monday, ahead of an interest rate decision in the eurozone and a US inflation reading later in the week.

Read more
8 Apr 2024 07:02

AstraZeneca's Enhurtu cancer gets US green light for adult patients

(Sharecast News) - AstraZeneca and Daiichi Sankyo's Enhertu cancer drug has been approved in the US for adult patients with unresectable or metastatic solid tumours who have received prior systemic treatment and have no satisfactory alternative options.

Read more
8 Apr 2024 06:53

TOP NEWS: AstraZeneca's, Daiichi's Enhertu receives US FDA approval

(Alliance News) - AstraZeneca PLC and Daiichi Sankyo Co Ltd on Saturday announced that the US Food & Drug Administration has approved their cancer drug conjugate for patients with metastatic HER2-positive solid tumours.

Read more
5 Apr 2024 09:42

AstraZeneca makes "breakthrough" in treating small cell lung cancer

(Alliance News) - AstraZeneca PLC on Friday reported positive results relating to its Imfinzi cancer treatment in phase III trials.

Read more
5 Apr 2024 07:50

LONDON BRIEFING: Shell to book USD600 million first-quarter write-off

(Alliance News) - London's FTSE 100 is called to open lower on Friday, with hawkish remarks from Federal Reserve policymakers and fears of ratcheting Middle East tensions giving investors little to cheer about ahead of the latest US jobs data.

Read more
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.

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.