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 6-AstraZeneca COVID-19 vaccine can be 90% effective, results show

Mon, 23rd Nov 2020 07:17

(Adds details)

By Kate Holton and Josephine Mason

LONDON, Nov 23 (Reuters) - Britain’s AstraZeneca
said on Monday its vaccine for the novel coronavirus could be
around 90% effective without any serious side effects, giving
the world another important tool to halt the COVID-19 pandemic.

The vaccine developed by Oxford University was 90% effective
in preventing COVID-19 when it was administered as a half dose
followed by a full dose at least one month apart, according to
data from the late-stage trials in Britain and Brazil.

No serious safety events related to the vaccine have been
confirmed and it was well tolerated across both dosing regimens,
it said.

"This vaccine's efficacy and safety confirm that it will be
highly effective against COVID-19 and will have an immediate
impact on this public health emergency," Pascal Soriot, Astra's
chief executive, said in a statement.

AstraZeneca will have 200 million doses by the end of 2020,
with 700 million doses ready globally by the end of the first
quarter of 2021, operations executive Pam Cheng said on Monday.

The vaccine's effectiveness depended on the dosing, and fell
to just 62% when given as two full doses rather than a half-dose
first. But scientists cautioned against seeing this as evidence
that it would be less useful than rival vaccines from Pfizer
and Moderna, which each prevented about 95% of
cases according to interim data from their late-stage trials.

"I think it is a real fool's errand to start trying to pick
these three (Pfizer/Moderna/Astra) apart on the basis of
snippets of phase 3 data from press releases," said Danny
Altmann, professor of immunology at Imperial College London.

"For the bigger picture, my suspicion is that by the time we
are a year down the line, we'll be using all three vaccines with
about 90% protection - and we'll be a lot happier."

Scientists also noted there may be advantages to
AstraZeneca's vaccine.

"Importantly, from what we have heard the vaccine seems to
prevent infection not just disease. This is important as the
vaccine could reduce the spread of the virus as well as protect
the vulnerable from severe disease," said Peter Horby, a
professor of emerging infectious diseases and global health at
the University of Oxford,

AstraZeneca's vaccine can also be distributed more easily
because it can be kept at refrigerator temperature, unlike the
drugs from Pfizer and Moderna which have to be stored frozen.
That would make the AstraZeneca shot easier to transport and
store globally, particularly in lower and middle-income
countries.

'INCREDIBLY EXCITING'

The British drugmaker's preliminary trial results mark a
fresh breakthrough in the fight against a pandemic that has
killed nearly 1.4 million people and roiled the global economy.

Britain is among countries that pre-bought large quantities
of the new vaccine. Officials said its success means normal life
can return sooner. It was "incredibly exciting news the Oxford
vaccine has proved so effective in trials," said Prime Minister
Boris Johnson.

There would be 20 million doses in Britain by the end of the
year, with 70 million doses for the UK by the end of Q1 2021.

Shares and oil prices rose as investors bet the rollout of
another vaccine would revive the global economy next year even
as virus case numbers surge.

The STOXX index of Europe's 600 largest shares rose
0.5% to its highest since February but AstraZeneca shares fell
more than 2% as traders perceived the efficacy data as
disappointing compared with rivals.

The interim analysis was based on 131 infections among
participants who received the vaccine and those in a control
group who were given an established meningitis shot.

Public health experts say the world will need many vaccines
to meet global demand.

The AstraZeneca vaccine uses a modified version of a
chimpanzee common cold virus to deliver instructions to cells to
fight the target virus, a different approach from the new
technology known as messenger RNA (mRNA) deployed by
Pfizer/BioNTech and Moderna.

AstraZeneca, one of Britain's most valuable listed
companies, will now immediately prepare regulatory submission of
the data to authorities around the world that have a framework
in place for conditional or early approval.

It will also seek an emergency use listing from the World
Health Organization to speed up availability in low-income
countries. In parallel, the full analysis of the interim results
is being submitted for publication in a peer-reviewed journal.

(Reporting by Kate Holton, Josephine Mason and Aakash Jagadeesh
Babu
Writing by Josephine Mason and Peter Graff
Editing by Guy Faulconbridge, Christopher Cushing and Carmel
Crimmins)

More News
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
27 Mar 2024 09:03

LONDON MARKET OPEN: FTSE 100 slips as unease lingers before US data

(Alliance News) - Stock prices in London edged lower after the open on Wednesday, with some nervy trade ahead of a US inflation reading later in the week.

Read more
27 Mar 2024 08:02

LONDON BRIEFING: Diploma makes buy; Astra wins Japan drug approvals

(Alliance News) - Stocks in London opened in a muted fashion on Wednesday, with some unease lingering in equity markets ahead of a US inflation reading later in the week.

Read more
26 Mar 2024 10:18

China to speed up 'new productive forces', vice president says

BEIJING, March 26 (Reuters) - China will accelerate the development of "new productive forces" and bolster stability and security for the global economy, Vice President Han Zheng told an investment forum in Beijing, as the world's no.2 economy seeks to reassure anxious foreign firms.

Read more
25 Mar 2024 12:09

LONDON MARKET MIDDAY: Stocks make tepid start to new week

(Alliance News) - Stock prices in London were down at midday on Monday, giving back some gains from last week, when equities were boosted by central bank decisions and accompanying statements which investors saw as dovish.

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.