The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 12,050.00
Bid: 12,038.00
Ask: 12,040.00
Change: -106.00 (-0.87%)
Spread: 2.00 (0.017%)
Open: 12,092.00
High: 12,178.00
Low: 12,010.00
Prev. Close: 12,156.00
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 4-AstraZeneca antibody cocktail fails to prevent COVID-19 in large trial

Tue, 15th Jun 2021 07:27

* No reliable results from trial to show prevention of
infections

* AstraZeneca has five more ongoing trials

* Industry testing range of antibodies
(Updates regulatory review of rivals)

By Vishwadha Chander and Ludwig Burger

June 15 (Reuters) - AstraZeneca said on Tuesday a
late-stage trial failed to provide evidence that its COVID-19
antibody therapy protected people who had contact with an
infected person from the disease, a small setback in its efforts
to find alternatives to vaccines.

The study assessed whether the therapy, a cocktail of two
types of antibodies, could prevent adults who had been exposed
to the virus in the past eight days from developing COVID-19
symptoms.

The therapy, AZD7442, was 33% effective in reducing the
risk of people developing symptoms compared with a placebo, but
that result was not statistically significant — meaning it might
have been due to chance and not the therapy.

The Phase III study, which has not been peer reviewed,
included 1,121 participants in the United Kingdom and the United
States. The vast majority, though not all, were free of the
virus at the start of the trial.

Results for a subset of participants who were not infected
to begin with was more encouraging but the primary analysis
rested on results from all participants.

"While this trial did not meet the primary endpoint against
symptomatic illness, we are encouraged by the protection seen in
the PCR negative participants following treatment with AZD7442,"
AstraZeneca Executive Vice President Mene Pangalos said in a
statement, referring to the polymerase chain reaction tests
which diagnose COVID-19.

The company is banking on further studies to revive the
product's fortunes. Five more trials are ongoing, testing the
antibody cocktail as treatment or in prevention.

The next one will likely be from a larger trial testing the
product in people with a weakened immune system due to cancer or
an organ transplant, who may not benefit from a vaccine.

TARGETED ALTERNATIVES

AZD7442 belongs to a class of drugs called monoclonal
antibodies which mimic natural antibodies produced by the body
to fight off infections.

Similar therapies developed by rivals Regeneron,
Eli Lilly and GlaxoSmithKline with partner Vir
have been approved by U.S. regulators for treating
unhospitalised COVID patients.

Regeneron is also seeking U.S. authorisation for its therapy
as a preventative treatment.

European regulators have recommended antibody treatments by
GSK, Celltrion, Eli Lilly and Regeneron for used in early-stage
patients who are at risk of progressing to severe COVID-19. The
EU watchdog made the endorsement to support the use by member
states ahead of an EU-wide marketing authorisation.

But the AstraZeneca results are a small blow for the drug
industry as it tries to find more targeted alternatives to
COVID-19 inoculations, particularly for people who may not be
able to get vaccinated or those who may have an inadequate
response to inoculations.

The Anglo-Swedish drugmaker, which has faced a rollercoaster
of challenges with the rollout of its COVID-19 vaccine, is also
developing new treatments and repurposing existing drugs to
fight the virus.

AstraZeneca also said on Tuesday it was in talks with the
U.S. government on "next steps" regarding a $205 million deal to
supply up to 500,000 doses of AZD7442. Swiss manufacturer Lonza
was contracted to produce AZD7442.

Shares in the company were largely unchanged on the London
Stock Exchange.

The full results will be submitted for publication in a
peer-reviewed medical journal, the company said.
(Reporting by Vishwadha Chander in Bengaluru; Editing by
Shounak Dasgupta, Kim Coghill and Emelia Sithole-Matarise)

More News
3 May 2024 12:17

CORRECT: Angle shares up on assay development deal with AstraZeneca

(Correcting company name in headline)

Read more
3 May 2024 11:50

Angle shares up on assay development deal with AstraZenaca

(Alliance News) - Shares in Angle PLC jumped on Friday, after the company said it has been chosen to develop a prostate cancer assay using its Parsortix technology, opening the door for future clinical study-supporting contracts.

Read more
3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out of hawkish Federal Reserve interest rate expectations.

Read more
2 May 2024 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
2 May 2024 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

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.