Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 12,364.00
Bid: 12,398.00
Ask: 12,400.00
Change: 268.00 (2.22%)
Spread: 2.00 (0.016%)
Open: 12,150.00
High: 12,440.00
Low: 12,134.00
Prev. Close: 12,096.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WRAPUP 1-AstraZeneca cuts EU vaccine supply again; health bodies dismiss safety fears

Fri, 12th Mar 2021 13:03

* AstraZeneca again scales back deliveries to EU

* Brussels demands more effort from firm

* Germany talks to US about missing shipments

* Thailand follows European countries in suspending AZ shot

* WHO and EU regulator say safety fears are unfounded

By Francesco Guarascio

BRUSSELS, March 12 (Reuters) - AstraZeneca has again angered
the EU by scaling back deliveries of COVID-19 vaccines, but got
a boost on Friday when the World Health Organisation dismissed
fears that have prompted countries in Europe and Asia to suspend
use of the shot.

The European Union has been much slower to start mass
vaccination than neighbouring Britain because of a slower
approval and purchasing process and repeated supply hold-ups.

EU regulators have dismissed scattered reports of blood
clots in people who had received the AstraZeneca vaccine, but on
Friday Thailand joined a handful of European countries in
suspending use of the shot - the first and cheapest to be
developed and launched at volume around the world.

An AstraZeneca document dated March 10, seen by Reuters and
shared with EU officials, shows that the Anglo-Swedish drug
maker expects to have delivered 30 million doses to the EU by
the end of March - 10 million less than it pledged only last
month, and only a third of its contractual obligation.

A company spokesman declined to comment, but a person
familiar with the situation said there had been difficulties
with international supply chains.

Industry executives have warned of manufacturing problems as
countries try to protect their own supplies of vaccines,
ingredients and the equipment to make, bottle and transport
them.

Washington has told Brussels that it will not allow
AstraZeneca shots made in the United States to be exported in
the near future, Reuters reported on Thursday.

And last week Italy and Brussels blocked a shipment of
AstraZeneca vaccines from Italy to Australia, in the first
application of a mechanism that allows the EU to refuse export
requests from vaccine makers that break EU supply contracts.

The company has acknowledged production problems in the EU,
but also said it expected to ship some output to the EU from the
United States.

Its contract pledges "best reasonable efforts" to meet a
target of 300 million doses for the EU by the end of June.

"NOT GOOD ENOUGH"

Brussels is increasingly frustrated.

"I see efforts, but not 'best efforts'. That's not good
enough yet," EU industry commissioner Thierry Breton tweeted on
Thursday.

Germany said it was talking to Washington about missing
shipments of COVID-19 vaccines from the United States, noting
that more than 30 countries including the United States were
receiving vaccines made in the EU.

The EU programme has also been upset in the last two weeks
by the reports of blood clots.

On Thursday, Denmark and non-EU members Norway and Iceland
suspended their use of the vaccine. Austria and Italy have
stopped using specific batches.

But on Friday the WHO said the vaccine was "excellent" and
that no causal link had been established to the blood clots.

"It's very important to understand that, yes, we should
continue to be using the AstraZeneca vaccine," spokeswoman
Margaret Harris told a briefing. "All that we look at is what we
always look at: Any safety signal must be investigated."

AstraZeneca said on Thursday it had found no evidence of
increased risk of deep vein thrombosis in more than 10 million
recipient records.

And the EU regulator, the European Medicines Agency (EMA),
said on Wednesday that the number of clots reported in people
who had received the AstraZeneca vaccine was no higher than in
the general population.

Bulgaria said it would suspend use of the vaccine until it
saw written guidance from the EMA, but German Health Minister
Jens Spahn told reporters on Friday that his country was
following the EMA guidance.

"Everything we know so far suggests that the benefits of the
vaccine, even after every individual case reported, are greater
than the risks, and that continues to be the case," he said.

Germany, the most populous country in the EU, is due to
receive about 6 million doses from AstraZeneca by the end of
April, the document seen by Reuters shows, with France getting
4.7 million and Italy 4.4 million.

"We are still in a phase of absolute scarcity," Spahn said.

(Reporting by Francesco Guarascio @fraguarascio in Brussels,
Thomas Escritt in Berlin and Tsvetelia Tsolova in Sofia; Writing
by Kevin Liffey;
Editing by Gareth Jones)

More News
25 Mar 2024 09:04

LONDON MARKET OPEN: FTSE 100 treads water, FTSE 250 declines

(Alliance News) - The FTSE 100 in London traded flat early Monday, while the pound remained below the USD1.26 mark, as Bank of England Governor Andrew Bailey suggested rate cuts may happen soon.

Read more
25 Mar 2024 08:40

TOP NEWS: AstraZeneca wins US approval for rare nervous system disease

(Alliance News) - AstraZeneca PLC on Monday said its Ultomiris treatment has been approved by the US Food & Drug Administration as the first and only long-acting C5 complement inhibitor to treat neuromyelitis optica spectrum disorder in adults.

Read more
25 Mar 2024 07:59

LONDON BRIEFING: AstraZeneca wins US approval, Kingfisher profit down

(Alliance News) - London's FTSE 100 is set to open lower on Monday, giving back some of last week's progress, when equities were boosted by hope of interest rate cuts.

Read more
25 Mar 2024 07:23

AstraZeneca gets FDA approval for Ultomiris treatment

(Sharecast News) - AstraZeneca has announced that its autoimmune disease treatment Ultomiris has been given the green light by US regulators.

Read more
21 Mar 2024 16:43

AstraZeneca's Tagrisso successful in treating lung cancer

(Alliance News) - AstraZeneca PLC on Thursday reported positive findings following a phase III trial of its lung cancer Tagrisso treatment.

Read more
19 Mar 2024 08:56

TOP NEWS: AstraZeneca to buy Fusion in deal worth over USD2 billion

(Alliance News) - AstraZeneca PLC on Tuesday said it will buy Fusion Pharmaceuticals Inc, a Canada-based clinical-stage biopharmaceutical company developing "next-generation" radioconjugates.

Read more
19 Mar 2024 07:05

AstraZeneca to buy US-listed Fusion Phrama for $2bn

(Sharecast News) - AstraZeneca said it had agreed to buy biopharmaceutical company Fusion Pharmaceuticals for up to $2bn.

Read more
18 Mar 2024 16:09

UK dividends calendar - next 7 days

Tuesday 19 March 
Jarvis Securities PLCdividend payment date
Wednesday 20 March 
Virgin Money UK PLCdividend payment date
Thursday 21 March 
abrdn Asia Focus PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
AIB Group PLCex-dividend payment date
Beazley PLCex-dividend payment date
BlackRock World Mining Trust PLCex-dividend payment date
British American Tobacco PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
CLS Holdings PLCex-dividend payment date
Conduit Holdings Ltdex-dividend payment date
Craneware PLCex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Fonix Mobile PLCex-dividend payment date
FW Thorpe PLCex-dividend payment date
Glanbia PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Globalworth Real Estate Investments Ltdex-dividend payment date
Goodwin PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Hargreaves Services PLCex-dividend payment date
HgCapital Trust PLCex-dividend payment date
Hikma Pharmaceuticals PLCex-dividend payment date
Jardine Matheson Holdings LDex-dividend payment date
London Finance & Investment Group PLCex-dividend payment date
Maven Income & Growth VCT 3 PLCex-dividend payment date
Maven Income & Growth VCT 5 PLCex-dividend payment date
MTI Wireless Edge Ltdex-dividend payment date
Nichols PLCex-dividend payment date
NWF Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Pearson PLCex-dividend payment date
Pembroke VCT B PLCex-dividend payment date
Primorus Investments PLCex-dividend payment date
Schroders PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
Tristel PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Friday 22 March 
easyJet PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Gulf Investment Fund PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hercules Site Services PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mobeus Income & Growth 2 VCT PLCdividend payment date
Mobeus Income & Growth 4 VCT PLCdividend payment date
Ramsdens Holdings PLCdividend payment date
Riverstone Credit Opportunities Income PLCdividend payment date
Ruffer Investment Co Ltddividend payment date
Samuel Heath & Sons PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Unilever PLCdividend payment date
Monday 25 March 
AstraZeneca PLCdividend payment date
Endeavour Mining PLCdividend payment date
Mountview Estates PLCdividend payment date
Shell PLCdividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-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
18 Mar 2024 14:08

AstraZenca hails Imfinzi and Lynparza results on endometrial cancer

(Alliance News) - AstraZeneca PLC on Monday reported positive findings following the analysis of results from a phase III probe of its Imfinzi and Lynparza cancer treatments.

Read more
14 Mar 2024 10:01

TOP NEWS: AstraZeneca buys France's Amolyt Pharma for USD1 billion

(Alliance News) - AstraZeneca PLC on Thursday said it has struck a deal to acquire Amolyt Pharma SAS, strengthening its late-stage rare disease pipeline.

Read more
14 Mar 2024 07:52

LONDON BRIEFING: Astra makes USD1.05 billion buy; Halma backs outlook

(Alliance News) - London's FTSE 100 is set to tread water after the opening bell sounds on Thursday, as investors look to a batch of US data to come in the early afternoon.

Read more
14 Mar 2024 07:16

AstraZeneca snaps up rare disease specialist Amolyt for $1.05bn

(Sharecast News) - Biopharma giant AstraZeneca has announced the acquisition of French biotech firm Amolyt Pharma for up to $1.05bn to beef up its late-stage rare disease pipeline.

Read more
8 Mar 2024 06:00

Astra, Sanofi's antibody 90% effective against RSV in infants - CDC

(Alliance News) - A new treatment for infant respiratory syncytial virus, RSV, – a leading cause of severe illness in US babies – is 90% effective in preventing hospitalization, health authorities said Thursday.

Read more
6 Mar 2024 14:40

UK BUDGET: Some tax cuts but vapes, tobacco and non-doms targeted

(Alliance News) - A cut to national insurance, stamp duty relief as well as a freeze on fuel and alcohol duties were among the marquee tax measures that UK Chancellor Jeremy Hunt announced in his budget on Wednesday.

Read more
5 Mar 2024 14:24

AstraZeneca's breast cancer treatment blocked for NHS use in England

(Alliance News) - A treatment that extends the life of people with advanced breast cancer has been blocked for NHS use in England in a move that potentially impacts thousands of patients.

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.