George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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: 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

'We're ready': Schiphol airport gears up for chilled vaccine cargos

Thu, 26th Nov 2020 13:29

* Air France-KLM has already shipped vaccines at -80C

* Schiphol is Europe's second largest pharmaceutical hub

* Air France-KLM adding extra cold storage at Schiphol

By Toby Sterling

SCHIPHOL AIRPORT, Netherlands, Nov 26 (Reuters) - In
cavernous cold-storage warehouses at Amsterdam's Schiphol
Airport, KLM workers are gearing up for a surge next year in
COVID-19 vaccine cargos that will need to be flown around the
world at ultra-low temperatures.

A major hub for pharmaceutical products, Schiphol has
already handled some of the vaccines being used in trials and
KLM's boss is confident its "cold chain" operations will cope
with the influx of cargos as mass inoculations start in earnest.

"The short and sweet of it is, yes, we're ready," KLM Chief
Executive Pieter Elbers told Reuters. "Obviously both for
societies and our industry it's of paramount importance to have
these vaccines distributed at the quickest possible pace."

While no COVID-19 vaccine has yet been approved by U.S. or
European regulators, the shot developed by Pfizer and
BioNTech is the most advanced in the process and could
be ready for rapid production and distribution next month.

But it needs to be stored and shipped at minus 70 degrees
Celsius while Moderna's candidate has to be kept at
-20C, at least until the drugs have reached their destinations
where they can survive in normal fridges for short periods.

Allowed behind strict security at Schiphol on Wednesday,
Reuters watched Air France-KLM staff prepare four
so-called active containers for a shipment of chilled
pharmaceuticals bound for Toronto in Canada.

Wearing thick blue gloves, workers topped up dry ice in
other active containers, which also have a battery-powered
electrical refrigeration system and an array of sensors to
ensure products stay within their target range, as low as -20C.

"Schiphol will, for sure, be one of the major airports for
the vaccines," said Marcel Kuijn, global head of pharmaceutical
logistics for Air France-KLM Cargo.

"Our market share on the routes we fly is 10% to 20%, that's
in our regular pharma business, so we expect to get at least
that part of the vaccine distribution," he told Reuters.

COOL BOXES

Pfizer's vaccine is transported at -80C in small cool boxes
holding about 5,000 doses which must be kept packed in dry ice
until shortly before use. Moderna's candidate is suitable for
the larger "active" containers which can take 30,000 doses.

The vaccine being developed by AstraZeneca and
Oxford University is stable at normal fridge temperatures of 2C
to 8C so it has more transport options.

Kuijn estimated that while vaccines will begin and end their
journeys in refrigerated trucks, at least 30% will be flown to
their destinations.

Schiphol is the second biggest hub for pharmaceutical
products in Europe after Frankfurt so it is expected to be both
a staging ground for vaccines from India, Italy or the United
States, and a departure point for vaccines made in Europe.

Some other vaccines being developed in China are also stable
in normal fridges and Kuijn reckons only a minority COVID-19
shots will need to be transported frozen.

Air France-KLM currently operates 537 flights a week to
about 100 destination in Asia, the Middle East, Africa and the
Americas. It is likely that Franco-Dutch airline will be a major
carrier to African countries, given its network.

Kuijn said bottlenecks at Schiphol were unlikely, and while
containers would be in high demand, he did not expect shortages
as different vaccines will come available at different times.

"The first ones will probably come in December, January, and
from there on new vaccines will be approved," he said.

The KLM Cargo warehouse at Schiphol has four cold storage
areas for pharmaceuticals and a fifth will be ready in January.

"The bigger containers can carry up to 30,000 doses of the
vaccine," said Paul Crombach, program manager of KLM's "cool
chain" programme and the head of the team preparing for the mass
transport of COVID-19 vaccines.

"We knew we're going to have to transport a lot of the
vaccine ... but we have space as you can see," he said,
gesturing to the vast warehouse behind him decked out with
conveyor belts and robotic lifting arms.
(Reporting by Toby Sterling; Editing by David Clarke)

More News
8 Apr 2024 07:02

AstraZeneca's Enhurtu cancer gets US green light for adult patients

(Sharecast News) - AstraZeneca and Daiichi Sankyo's Enhertu cancer drug has been approved in the US for adult patients with unresectable or metastatic solid tumours who have received prior systemic treatment and have no satisfactory alternative options.

Read more
8 Apr 2024 06:53

TOP NEWS: AstraZeneca's, Daiichi's Enhertu receives US FDA approval

(Alliance News) - AstraZeneca PLC and Daiichi Sankyo Co Ltd on Saturday announced that the US Food & Drug Administration has approved their cancer drug conjugate for patients with metastatic HER2-positive solid tumours.

Read more
5 Apr 2024 09:42

AstraZeneca makes "breakthrough" in treating small cell lung cancer

(Alliance News) - AstraZeneca PLC on Friday reported positive results relating to its Imfinzi cancer treatment in phase III trials.

Read more
5 Apr 2024 07:50

LONDON BRIEFING: Shell to book USD600 million first-quarter write-off

(Alliance News) - London's FTSE 100 is called to open lower on Friday, with hawkish remarks from Federal Reserve policymakers and fears of ratcheting Middle East tensions giving investors little to cheer about ahead of the latest US jobs data.

Read more
5 Apr 2024 07:23

AstraZeneca announces positive lung cancer treatment trial results

(Sharecast News) - AstraZeneca announced positive high-level results from a phase three trial demonstrating significant advancements in the treatment of limited-stage small cell lung cancer (LS-SCLC) on Friday.

Read more
4 Apr 2024 13:09

UK shareholder meetings calendar - next 7 days

Friday 5 April 
Faron Pharmaceuticals LtdAGM
VPC Specialty Lending Investments PLCGM re capital return via B share scheme
Monday 8 April 
Premier African Minerals LtdAGM
Tuesday 9 April 
Ethernity Networks LtdEGM re board appointments and option grants
Wednesday 10 April 
Valereum PLCAGM
Wincanton PLCGM re takeover by GXO Logistics Inc
Thursday 11 April 
AstraZeneca PLCAGM
  
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
3 Apr 2024 22:01

Biden, Senator Bernie Sanders push companies to cut cost of asthma inhalers, prescription drugs

WASHINGTON, April 3 (Reuters) - President Joe Biden hosted a White House event with U.S. Senator Bernie Sanders on Wednesday to tout their fight against high prescription drug prices and push companies to cut the cost of inhalers for asthma sufferers.

Read more
3 Apr 2024 17:22

UK's FTSE 100 pressured by stronger pound; miners climb

FTSE 100 flat, FTSE 250 up 0.2%

*

Read more
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

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.