The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

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: 11,988.00
Bid: 12,016.00
Ask: 12,020.00
Change: -38.00 (-0.32%)
Spread: 4.00 (0.033%)
Open: 12,070.00
High: 12,144.00
Low: 11,882.00
Prev. Close: 12,026.00
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 8-UK to roll out Astra/Oxford COVID vaccine after world-first approval

Wed, 30th Dec 2020 07:08

(Adds detail, reaction, international context)

* 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

By Alistair Smout and Paul Sandle

LONDON, Dec 30 (Reuters) - Britain on Wednesday became the
first country 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 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 AstraZeneca/Oxford 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, though Pfizer said its vaccine had not been tested on
different dosing schedules.

Jeremy Farrar, one of Britain's leading public health
experts, said the approval of the AstraZeneca/Oxford shot was to
be celebrated, but urged continuing scrutiny, recommending the
developers conduct a randomised trial to test the timing of the
second dose.

Jonathan Stoye, a virologist at the Francis Crick Institute,
agreed that questions remain about the real efficacy of the
vaccine, how well it works in older people, and what data exists
to support the change in dosage interval.

"In light of the sharply increasing number of cases, the
approval... is tremendous news," he said. "However, the reported
news does leave unanswered a number of important questions,
particularly regarding the longer term."

The government said it would not recommend one vaccine over
another for different cohorts of the population, even though
data on the AstraZeneca/Oxford shot's efficacy in older people
is currently limited.

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.

Experts at India's drug regulator met on Wednesday to
consider an emergency approval, and will discuss the issue again
on Friday. 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,"
she said.

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.

Canada said it needs more information from the British
drugmaker as part of its ongoing review.

The UK's COVID-19 vaccine chair Wei Shen Lim said a single
dose of AstraZeneca/Oxford'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.

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

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".

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, Josephine
Mason and Kate Kelland in London, John Miller in Zurich, Emilio
Parodi in Milan and Rebecca Spalding; Editing by Guy
Faulconbridge, Kevin Liffey and Jan Harvey)

More News
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
25 Apr 2024 09:18

TOP NEWS: AstraZeneca upbeat as cancer drugs underpin sales growth

(Alliance News) - AstraZeneca PLC on Thursday hailed the potential of its drugs pipeline as it delivered impressive growth in sales and profit in the first quarter.

Read more
25 Apr 2024 09:12

LONDON MARKET OPEN: Anglo American jumps on takeover bid from BHP

(Alliance News) - Stock prices in London opened mixed on Thursday, as investors cautiously eye data on the health of the US economy.

Read more
25 Apr 2024 08:38

AstraZeneca blows past analysts' estimates for Q1

(Sharecast News) - AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highlighting its drug pipeline.

Read more
25 Apr 2024 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 07:52

Sanofi profit slips on generic competition and currency effects

April 25 (Reuters) - Sanofi's first-quarter operating income fell 14.7% as currency effects and cheap competition to its multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent, the French drugmaker said on Thursday.

Read more
25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

Read more
25 Apr 2024 06:30

Sanofi Q1 profit slips on generic competition, forex effects

April 25 (Reuters) - Sanofi's said on Thursday first-quarter operating income declined 14.7% as unfavourable currency effects and cheap competition to multiple sclerosis drug Aubagio outweighed rising sales of anti-inflammatory drug Dupixent.

Read more
24 Apr 2024 10:32

Angle shares jump on supplier agreement with with AstraZeneca

(Alliance News) - Angle PLC shares rose on Wednesday, after it signed a contract with AstraZeneca PLC.

Read more
24 Apr 2024 10:10

AIM WINNERS & LOSERS: Filtronic jumps as lifts outlook

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

Read more
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
Mobico Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
Wednesday 24 April 
1Spatial PLCFull Year Results
abrdn PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Lloyds Banking Group PLCQ1 Results
Nichols PLCTrading Statement
PensionBee Group PLCFirst Quarter Results
PZ Cussons PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
Sanderson Design Group PLCFull Year Results
Serica Energy PLCFull Year Results
Star Energy Group PLCFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tracsis PLCHalf Year Results
Warpaint London PLCFull Year Results
Thursday 25 April 
Aquila European Renewables PLCFull Year Results
Argo Blockchain PLCFull Year Results
AstraZeneca PLCQ1 Results
Barclays PLCQ1 Results
Checkit PLCFull Year Results
Coca-Cola Europacific Partners PLCTrading Statement
Destiny Pharma PLCFull Year Results
Hikma Pharmaceuticals PLCTrading Statement
Focusrite PLCHalf Year Results
Ibstock PLCTrading Statement
Inchcape PLCTrading Statement
J Sainsbury PLCFull Year Results
London Stock Exchange Group PLCQ1 Results
Persimmon PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
PureTech Health PLCFull Year Results
Relx PLCTrading Statement
Renewi PLCTrading Statement
Schroders PLCQ1 Results
Skillcast Group PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
Unilever PLCQ1 Results
WAG Payment Solutions PLCTrading Statement
Weir Group PLCTrading Statement
WH Smith PLCHalf Year Results
WPP PLCTrading Statement
Zinc Media Group PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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.