Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. 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: 12,156.00
Bid: 12,124.00
Ask: 12,128.00
Change: -14.00 (-0.12%)
Spread: 4.00 (0.033%)
Open: 12,114.00
High: 12,258.00
Low: 12,114.00
Prev. Close: 12,170.00
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 5-To sell or swap? S.Africa weighs options for AstraZeneca shots ahead of J&J rollout

Wed, 10th Feb 2021 06:17

* S.Africa has paused AstraZeneca vaccinations

* Vaccine less effective vs local variant -trial

* To start immunisations with J&J doses instead

* Small amounts of J&J to arrive initially

* Rollout will be in study form with researchers
(Adds details)

By Alexander Winning and Wendell Roelf

JOHANNESBURG, Feb 10 (Reuters) - South Africa's health
minister said on Wednesday the government may sell or swap doses
of AstraZeneca's COVID-19 vaccine it may not need, as it
scrambles to start inoculating its citizens with an alternative
U.S. shot next week.

The unusual move comes just days after South Africa paused
the rollout of the vaccine developed by AstraZeneca and Oxford
University following a small clinical trial that showed it did
not protect against mild to moderate illness from the 501Y.V2
variant dominant in the country.

One million doses of the AstraZeneca vaccine, produced by
the Serum Institute of India, landed in the country last week,
and another 500,000 are due to arrive in coming weeks. That's
enough to inoculate 750,000 people.

South Africa was also expecting to receive AstraZeneca shots
via the COVAX global vaccine distribution scheme co-led by the
World Health Organization (WHO) and an African Union (AU)
arrangement.

Health Minister Zweli Mkhize told a news conference the
country would start vaccinating health workers with Johnson &
Johnson's vaccine in the form of an "implementation
study" with researchers some time next week.

He said he would wait for advice from scientists before
proceeding with the possible sale or switch of the British shot.

"Why not sell the AstraZeneca to other countries, well it's
an option, ... we will consider it. First our scientists will
tell us what we do with it, can we use it within the time that's
available ... before it expires," Mkhize said.

"If not, can we swap it with anyone else, because we've
discussed it with COVAX and with AVATT (the AU's vaccine task
team), so we will see what we will do."

It's not clear how an onward sale or swap would work given
the varying prices for vaccines around the world or if the
British drugmaker would have to agree to such a move. Serum and
AstraZeneca declined to comment.

Still, in a briefing to lawmakers later in the day, Mkhize
said the government wanted to see whether it could swap
AstraZeneca shots it had ordered privately for a different
vaccine available under the COVAX scheme run by the WHO and
international vaccines alliance Gavi. The WHO and Gavi did not
immediately respond to requests for comment.

Mkhize said he would discuss a proposal to swap 500,000
doses from Serum that have not yet been delivered with COVAX,
which has secured big supplies of the shot for distribution to
poor nations.

The move is the latest twist in a saga that has engulfed the
South African government this week as it scrambles to tame the
fast-spreading variant. The country's death toll is nearing
47,000 and infections have surpassed 1.47 million.

Turning to the U.S. drugmaker for alternative supplies is
also another blow to the British drugmaker, whose vaccine is
considered critical for poor nations because it's cheap and easy
to store.

ALTERNATIVES

The government's Ministerial Advisory Committee should be
able to give a considered view on how to deal with the
AstraZeneca vaccines in the next week or two, Mkhize said,
adding that the government had also secured vaccine doses from
Pfizer for health workers.

Negotiations with Moderna, China's Sinopharm and
over Russia's Sputnik V vaccine are ongoing.

Mkhize referred to the first batch of J&J doses as "bridging
stock", with the first shots expected to land next week.

"It's possible that the first batch would actually be not
paid for, because it would be covered more as the research
stock. So if we are able to achieve that, it's fine, but if we
have got to pay for it, we have got no problem," he said.

Officials previously said the country had secured 9 million
J&J single-dose shots, and Mkhize said a deal could be finalised
soon.

Eventually, most of the J&J supplies could come from local
pharmaceutical company Aspen, which is due to bring
production on stream around April, Mkhize said.

The J&J vaccine was 89% effective at preventing severe
disease and 57% effective against moderate to severe disease in
the South African leg of a global trial. Ninety-five percent of
infections observed in the local study were due to the 501Y.V2
variant first identified late last year.

The 501Y.V2 variant has alarmed health experts who have
raised concerns about its ability to potentially evade the
immune response generated by prior exposure to the coronavirus
or vaccines.

South Africa's neighbour eSwatini said on Tuesday that it
also would not be using the AstraZeneca vaccine.

South Africa hopes to vaccinate 40 million people, or
two-thirds of its population, to achieve some level of herd
immunity.

(Reporting by Alexander Winning and Wendell Roelf; additional
reporting by Ludwig Burger in Frankfurt, Krishna Das in New
Delhi, Stephanie Nebehay in Geneva and Kate Kelland in London;
Writing by Raju Gopalakrishnan and Josephine Mason; Editing by
Olivia Kumwenda-Mtambo, Richard Pullin and Nick Macfie)

More News
4 Mar 2024 09:31

AstraZeneca and Daiichi Sankyo get EU approval for cancer treatment

(Alliance News) - AstraZeneca PLC and Daiichi Sankyo Co Ltd on Monday said that the European Medicines Agency has approved two marketing authorisation applications for their datopotamab deruxtecan in two types of cancer.

Read more
4 Mar 2024 07:18

AstraZeneca's chemo replacement treatment moves closer to EU approval

(Sharecast News) - European regulators have validated two marketing authorisation applications (MMAs) for AstraZeneca, as the biopharma giant's datopotamab deruxtecan chemotherapy replacement treatment comes one step closer to receiving the green light to treat two types of cancer.

Read more
26 Feb 2024 08:51

AstraZeneca's Voydeya treatment recommended for EU approval

(Alliance News) - AstraZeneca on Monday announced further support from regulators for its first-in-class blood disease treatment.

Read more
26 Feb 2024 07:22

AstraZeneca's blood-disorder drug recommended for EU approval

(Sharecast News) - European regulators has given the green light to AstraZeneca's blood-disorder drug Voydeya, the biopharma giant announced on Monday.

Read more
22 Feb 2024 17:36

EARNINGS AND TRADING: Astra closes Gracell buy, Amicorp "on track"

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News:

Read more
20 Feb 2024 10:29

AstraZeneca acquires US-based biopharmaceutical company

(Sharecast News) - Drugmaker AstraZeneca revealed late on Monday afternoon that it had successfully completed its acquisition of US-based biopharmaceutical company Icosavax.

Read more
20 Feb 2024 09:40

LONDON BROKER RATINGS: JPMorgan cuts Airtel Africa price target by 28%

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

Read more
19 Feb 2024 16:51

LONDON MARKET CLOSE: Europe lacks direction on quiet Monday

(Alliance News) - European markets lacked direction on Monday, after a quiet day as the US markets celebrated George Washington's birthday.

Read more
19 Feb 2024 15:59

London close: Stocks manage gains on globally quiet day

(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.

Read more
19 Feb 2024 15:39

UPDATE: AstraZeneca completes USD1.1 billion acquisition of Icosavax

(Alliance News) - AstraZeneca PLC on Monday said it has completed the acquisition of Icosavax Inc.

Read more
19 Feb 2024 11:51

LONDON MARKET MIDDAY: Stocks lack direction amid quiet start to week

(Alliance News) - Stock prices in London lacked direction at midday Monday, amid a quiet start to the week.

Read more
19 Feb 2024 08:44

LONDON MARKET OPEN: Stocks drift; Currys surges on takeover interest

(Alliance News) - Stock prices in London were looking for direction early Monday, as investors weighed possible trajectories for US interest rate cuts and a China's economic recovery.

Read more
19 Feb 2024 08:36

TOP NEWS: AstraZeneca celebrates Tagrisso approval and new data

(Alliance News) - AstraZeneca PLC on Monday announced new study data and a new approval for its cancer medication Tagrisso.

Read more
19 Feb 2024 08:03

AstraZeneca's Tagrisso gains FDA approval

(Sharecast News) - Drugmaker AstraZeneca traded higher early on Monday after revealing that a combination of its cancer drug Tagrisso with chemotherapy had gained US approval to treat a particular type of lung cancer.

Read more
19 Feb 2024 07:49

LONDON BRIEFING: MoneySupermarket credits Insurance for growth in 2023

(Alliance News) - Stocks in London are set to fall at Monday's open, as concerns over US inflation trends curb risk appetite, and damp hopes of interest rate cuts from the Federal Reserve.

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.