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: 12,296.00
Bid: 12,322.00
Ask: 12,324.00
Change: -108.00 (-0.87%)
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 7-UK to roll out Astra/Oxford COVID vaccine after world-first approval

Wed, 30th Dec 2020 07:08

* UK ahead of others once more with emergency approval

* Britain has ordered 100 million doses of the vaccine

* Health minister eyes route out of pandemic by spring

* Regulator advocates new timing of first and second doses

* Britain to prioritise first shots over boosters
(Adds detail)

By Alistair Smout and Paul Sandle

LONDON, Dec 30 (Reuters) - Britain on Wednesday became the
first country in the world to approve the coronavirus vaccine
developed by Oxford University and AstraZeneca, hoping
that rapid action will help it stem a record surge of infections
driven by a highly contagious form of the virus.

Prime Minister Boris Johnson’s government, which has ordered
100 million doses, had already fast-tracked approval of a
vaccine developed by Pfizer of the United States and Germany's
BioNTech, and administered hundreds of thousands of shots weeks
ahead of European Union countries and the United States.

Though cheaper and easier to distribute than rival vaccines,
the Oxford/AstraZeneca shot has been plagued with questions
about its most effective dosage ever since data published last
month showed some surprising results.

While other regulators have taken a more cautious approach,
Britain's MHRA was at pains to say it had resolved early doubts
and - unexpectedly - that it had found an 80% success rate for
the administration of two full doses, three months apart, higher
than the average that the developers themselves had found.

The government plans to take advantage by giving the first
dose to a larger number of people most at risk from COVID-19
before starting to administer the boosters. An advisory body
recommended doing the same with the Pfizer shot.

Jeremy Farrar, one of Britain's leading public health
experts, said the approval was to be celebrated, but urged
continuing scrutiny, saying:

"We will ... need to continue tracking and improving our
understanding of how long the protection lasts and whether (the
vaccines) can prevent transmission. This would be best achieved
by a randomised trial on the timing of the second dose."

INFECTIONS SOAR

Britain has already registered over 70,000 deaths from
COVID-19. On Tuesday it reported a record one-day jump of 53,135
new coronavirus infections, and it fears hospitals will soon
become overstretched in their peak winter months.

The AstraZeneca/Oxford vaccine could also be a game-changer
for global immunisation. Countries with relatively basic health
infrastructure have high hopes for a shot that, unlike Pfizer's,
can be stored and transported under normal refrigeration, rather
than supercooled to -70 degrees Celsius (-94 Fahrenheit).

India's Serum Institute of India (SII), the world's biggest
producer of vaccines, has made about 50 million doses of the
Oxford vaccine, and experts at India's drug regulator were
meeting on Wednesday to consider an emergency approval, two
sources said. Chile is also interested.

World Health Organization spokesman Tarik Jasarevic said the
latest vaccine was important for its "delivery attributes, the
potential scale and affordability".

Helen Fletcher, Professor of Immunology at the London School
of Hygiene and Tropical Medicine, hailed a "turning point" for
the pandemic, which has already killed 1.7 million people around
the world, sown chaos through the global economy and upended
normal life for billions.

"With more than 30 supply agreements and partner networks
established globally, the Oxford/AstraZeneca vaccine could slow
the pandemic and should save many lives within the next year."

EU DECISION SOON?

The EU regulator says it has not yet received full data on
the AstraZeneca shot and is unlikely to be able to approve it
next month - although Germany's top vaccine official said that a
rolling review of data meant a quick decision should be
possible.

The UK's COVID-19 vaccine chair, Wei Shen Lim, said a single
dose of Oxford/AstraZeneca's vaccine was around 70% effective
from 21 days until a second dose was given at 12 weeks.

The UK Medicines and Healthcare products Regulatory Agency
(MHRA) cleared up one doubt raised by the Oxford data, saying
that a 90% success rate for a half-dose followed by a full dose
had not stood up to analysis.

However, Munir Pirmohamed, chair of a government working
group on COVID-19 vaccines and involved in the approval, said
that, when two full doses were given three months apart,
"effectiveness was high, up to 80% ... which is the reason for
our recommendation".

A Reuters investigation detailed how the apparently more
effective dosing regime was the result of a miscalculation.

AstraZeneca Chief Executive Pascal Soriot told BBC radio
that Britain should be able to vaccinate tens of millions of
people by the end of the first quarter. The firm said it
expected the vaccine to work against the new variant.

Health Secretary Matt Hancock told Sky News that he was
"highly confident that we can get enough vulnerable people
vaccinated by the spring that we can now see our route out of
this pandemic".

(Reporting by Alistair Smout and Paul Sandle in London,
additional reporting by Pushkala Aripaka in Bengaluru, Kate
Kelland in London, John Miller in Zurich, Emilio Parodi in
Milan; editing by Guy Faulconbridge and Kevin Liffey)

More News
26 Dec 2023 21:00

Wall Street ends higher in final stretch of 2023, rate cuts in view

Intel up on $3.2 bln grant from Israel

*

Read more
26 Dec 2023 19:41

Wall Street gains on final stretch of 2023, rate cuts in view

Intel up on $3.2 bln grant from Israel

*

Read more
22 Dec 2023 08:47

AstraZeneca, Ionis get US FDA nod for Wainua in "important milestone"

(Alliance News) - AstraZeneca PLC and Ionis Pharmaceuticals Inc on Friday celebrated the news that their drug eplontersen was approved by the US Food & Drug Administration.

Read more
22 Dec 2023 07:50

LONDON BRIEFING: UK on brink of recession as economy contracts in Q3

(Alliance News) - Stocks in London are likely to open lower on Friday, with investors feeling frosty ahead of a US inflation print this afternoon, amid sobering UK economic growth data.

Read more
22 Dec 2023 07:17

AstraZeneca gets FDA green light for nerve disease treatment

(Sharecast News) - The US Food and Drug Administration has approved the Wainua nerve disease treatment jointly developed by AstraZeneca and Ionis Pharmaceuticals.

Read more
19 Dec 2023 19:56

US adds 13 companies in China to Unverified List

WASHINGTON, Dec 19 (Reuters) - The United States has added 13 companies in China to a list of entities receiving U.S. exports that officials have been unable to inspect, according to a government notice posted on Tuesday.

Read more
15 Dec 2023 17:14

London stocks log weekly gains as cenbank fest ends

FTSE 100 down 1.0%, FTSE 250 off -0.3%

*

Read more
15 Dec 2023 16:51

LONDON MARKET CLOSE: FTSE 100 underperforms as post-Fed rally cools

(Alliance News) - London's FTSE 100 ended lower on Friday, with profit-taking and some hawkish words from a US policymaker keeping equities in check at the end of a largely positive week for stocks.

Read more
15 Dec 2023 16:29

PRESS: GSK, Astra and AbbVie in US scrutiny over patents - Bloomberg

(Alliance News) - A US senator has accused AstraZeneca PLC, GSK PLC, AbbVie Inc and other drugmakers of "abusing" the patent system to send prices higher, Bloomberg reported on Thursday.

Read more
13 Dec 2023 17:07

UK's FTSE 100 rises as pound slips on GDP data; awaits Fed rate decision

UK economy shrinks by 0.3% in October

*

Read more
12 Dec 2023 16:00

London close: Stocks slip as investors digest US inflation

(Sharecast News) - London's markets finished in the red on Tuesday, as investors digested a slight decrease in consumer inflation in the US, while the UK's unemployment figures remained stable.

Read more
12 Dec 2023 12:07

London midday: FTSE still firmer ahead of US inflation print

(Sharecast News) - London's markets remained relatively stable by midday on Tuesday, with the top-flight index still in the green after fresh jobs data showed a slowdown in wage growth.

Read more
12 Dec 2023 10:08

AstraZeneca buys respiratory vaccine developer Icosavax in $1.1 bln deal

Dec 12 (Reuters) - AstraZeneca said on Tuesday it had agreed to buy respiratory syncytial virus (RSV) vaccine developer Icosavax in a deal valued at up to $1.1 billion.

Read more
12 Dec 2023 08:53

LONDON MARKET OPEN: FTSE 100 opens higher ahead of US CPI

(Alliance News) - Stock prices in London opened higher on Tuesday, as investors digest the latest UK unemployment data, before turning their eyes to US inflation this afternoon.

Read more
12 Dec 2023 08:37

AstraZeneca acquires vaccine developer Icosavax for USD1.1 billion

(Alliance News) - AstraZeneca PLC confirmed on Tuesday that it will buy Icosavax Inc, boosting its vaccine portfolio with an "innovative" treatment for respiratory viruses.

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.