Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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: 12,472.00
Bid: 12,492.00
Ask: 12,496.00
Change: 74.00 (0.60%)
Spread: 4.00 (0.032%)
Open: 12,432.00
High: 12,526.00
Low: 12,318.00
Prev. Close: 12,398.00
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-Governments support AstraZeneca shot after South Africa halts roll-out

Mon, 08th Feb 2021 07:34

* South Africa puts AstraZeneca vaccinations on hold

* Study: shot gives minimal protection against mild
infection

* Britain, France, Germany, Australia voice support for shot

* Concerns rise over longer fight against virus
(Updates with governments voicing support)

By Guy Faulconbridge and Kate Holton

LONDON, Feb 8 (Reuters) - Western governments rushed to
offer support for the AstraZeneca COVID-19 vaccination after
South Africa halted its roll-out when research showed it offered
minimal protection against mild infection from a variant
spreading there.

The arrival of vaccines has given hope that scientists can
tame a pandemic that has killed 2.3 million people worldwide.
But if vaccines are less effective against new variants, they
may need to be tweaked and people may need booster shots.

South Africa announced its pause after researchers from the
University of Witwatersrand and the University of Oxford found
that the AstraZeneca vaccine provided only minimal protection
against mild or moderate infection from the B.1.351 variant, now
the dominant form of the virus in that country.

The research is not yet peer reviewed and did not provide
data on older people most likely to die or need hospitalisation.
There was no data on whether the vaccine would prevent severe
illness, and researchers said that was still possible.

"This study confirms that the pandemic coronavirus will find
ways to continue to spread in vaccinated populations, as
expected," said Andrew Pollard, chief investigator on the Oxford
vaccine trial.

"But, taken with the promising results from other studies in
South Africa using a similar viral vector, vaccines may continue
to ease the toll on health care systems by preventing severe
disease."

SERIOUS INFECTIONS

French Health Minister Olivier Veran voiced support for the
AstraZeneca vaccine, arguing it provided sufficient protection
against "nearly all the variants" of the virus.

German Health Minister Jens Spahn said current evidence
suggests all three vaccines approved in Europe - which include
AstraZeneca - provided effective protection against serious
infections.

Britain and Australia urged calm, citing evidence that the
vaccines prevented grave illness and death, while AstraZeneca
said it believed its vaccine could protect against severe
disease.

"We think that both the vaccines that we're currently using
are effective in, as I say, in stopping serious disease and
death," British Prime Minister Boris Johnson told reporters.
Britain also uses the Pfizer shot.

"We also think in particular in the case of the Oxford
AstraZeneca vaccine that there's good evidence that it is
stopping transmission, as well, I think 67% reduction in
transmission."

Australia is expected approve the use of the AstraZeneca
vaccine within days and expressed confidence in it.

"There is currently no evidence to indicate a reduction in
the effectiveness of either the AstraZeneca or Pfizer vaccines
in preventing severe disease and death. That is the fundamental
task, to protect the health," Health Minister Greg Hunt said.

But if vaccines do not work as effectively as hoped against
new and emerging variants, then the world could be facing a much
longer - and more expensive - battle against the virus than
previously thought.

The AstraZeneca vaccine was the big hope for Africa as it is
cheap and easy to store and transport. South Africa, which had
hoped to roll out the AstraZeneca shot this month, is storing
around 1 million doses it has received from the Serum Institute
of India.

The B.1.351 variant dominant in South Africa, also known as
20I/501Y.V2, is also circulating in at least 40 other countries,
including the United States. Other major variants include one
first found in Britain, known as 20I/501Y.V1, and one found in
Brazil known as P.1.

Austria warned against non-essential travel to its Alpine
province of Tyrol because of an outbreak of the South African
variant there. Cases were also detected north of Paris, forcing
one school to close.

VACCINE SHOCK

An analysis of infections by the South African variant
showed there was only a 22% lower risk of developing
mild-to-moderate COVID-19, more than 14 days after being
vaccinated with the AstraZeneca shot, versus those given a
placebo.

Protection against moderate-severe disease, hospitalisation
or death could not be assessed in the study of around 2,000
volunteers who had a median age of 31, as the target population
were at such low risk.

Professor Shabir Madhi, lead investigator on the AstraZeneca
trial in South Africa, said the vaccine's similarity to another
produced by Johnson & Johnson, which reduced severe disease by
85%, suggested it would still prevent serious illness or death.

"There's still some hope that the AstraZeneca vaccine might
well perform as well as the Johnson & Johnson vaccine in a
different age group demographic that I address of severe
disease," he told BBC radio.

Sarah Gilbert, professor of vaccinology at the University of
Oxford, said efforts were under way to develop a new generation
of booster shot vaccines that will allow protection against
emerging variants.

"This is the same issue that is faced by all of the vaccine
developers, and we will continue to monitor the emergence of new
variants that arise in readiness for a future strain change."

(Reporting by Guy Faulconbridge and Kate Holton; editing by
Michael Holden, Angus MacSwan, Nick Macfie and Giles Elgood)

More News
3 Jan 2024 10:16

IN BRIEF: Nuformix narrows annual loss as develops drug assets

Nuformix PLC - London-based developer of treatments for fibrosis and oncology via drug repurposing - Pretax loss narrows to GBP927,972 in 18 months that ended September 30 from GBP1.3 million in the 12 months that ended March 31, 2022, following its change of financial year-end. Has no meaningful revenue in either period, so reduced loss is due to lower administrative expenses.

Read more
3 Jan 2024 10:12

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

Read more
3 Jan 2024 09:23

LONDON BROKER RATINGS: GSK raised to 'buy'; AstraZeneca cut to 'hold'

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

Read more
3 Jan 2024 08:58

LONDON MARKET OPEN: Stocks mixed pre-Fed minutes, amid Asia losses

(Alliance News) - Stock prices in London opened mixed on Wednesday, ahead of US Federal Reserve meeting minutes and manufacturing PMI data for the US in the evening and afternoon respectively.

Read more
3 Jan 2024 08:04

C4X receives USD11 million from AstraZeneca following NRF2 trials

(Alliance News) - C4X Discovery Holdings PLC on Wednesday said it has received payment from AstraZeneca PLC following trials of the C4X respiratory disease therapy treatment.

Read more
3 Jan 2024 07:54

LONDON BRIEFING: Stocks to open flat pre-Fed minutes, jobs data

(Alliance News) - The FTSE 100 is expected to open flat on Wednesday, as London's flagship index celebrates its 40th anniversary, after mostly downbeat trading in Asia and a tech sell-off in New York.

Read more
2 Jan 2024 17:05

British equities slip on higher yields, financials drag

FTSE 100 down 0.2%, FTSE 250 off 0.9%

*

Read more
2 Jan 2024 12:01

LONDON MARKET MIDDAY: London stocks make largely soft start to 2024

(Alliance News) - Stock prices in London were mostly lower at midday on Tuesday in a slow start to the new year, reacting to the UK manufacturing sector finishing a tricky 2023 with a further contraction in December.

Read more
2 Jan 2024 11:00

Weight-loss drugs: Who, and what, are they good for?

Jan 2 (Reuters) - Powerful weight-loss medicines like Novo Nordisk's Wegovy leapt into public view in 2023, from social media to doctors' offices and cocktail parties, offering a new way to address record obesity rates.

Read more
2 Jan 2024 11:00

What other health conditions might weight-loss drugs treat?

Jan 2 (Reuters) - Novo Nordisk's blockbuster diabetes drug Ozempic and weight-loss therapy Wegovy are being studied to see whether they can improve health in other ways.

Read more
2 Jan 2024 08:48

LONDON MARKET OPEN: New Year begins largely green amid slew of PMIs

(Alliance News) - Stock prices in London opened mostly up on Tuesday, the first day of trading in 2024, reacting to slightly improved factory activity in China, with more manufacturing PMIs from major economies due.

Read more
2 Jan 2024 08:26

AstraZeneca and Sanofi received approval in China for RSV antibody

(Alliance News) - AstraZeneca PLC and Sanofi SA's long-acting monoclonal antibody Beyfortus received approval for use in China to prevent respiratory syncytial virus disease, Astra said on Tuesday.

Read more
2 Jan 2024 07:57

LONDON BRIEFING: AstraZeneca, Sanofi's RSV treatment approved in China

(Alliance News) - Stock prices in London are expected to open higher on Tuesday, reacting to a slight expansion in manufacturing activity in China and ahead of a slew of manufacturing PMI data including for the UK.

Read more
27 Dec 2023 17:04

Rate-cut optimism, autos push UK stocks higher

FTSE 100 up 0.4%, FTSE 250 adds 0.5%

*

Read more
27 Dec 2023 17:02

LONDON MARKET CLOSE: Stocks start week higher as 2024 draws to close

(Alliance News) - Equities in London kicked off an abbreviated trading week with gains on Wednesday, on continued US interest rate optimism at the end of 2024.

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.