The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 12,050.00
Bid: 12,038.00
Ask: 12,040.00
Change: -106.00 (-0.87%)
Spread: 2.00 (0.017%)
Open: 12,092.00
High: 12,178.00
Low: 12,010.00
Prev. Close: 12,156.00
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 to issue trial update after U.S. criticism over data

Tue, 23rd Mar 2021 13:19

LONDON, March 23 (Reuters) - AstraZeneca will
release the most up-to-date results from its latest COVID-19
vaccine trial within 48 hours after U.S. health officials
publicly criticised the drugmaker for using outdated information
in a press release earlier this week.

AstraZeneca said results published on Monday were based on
an interim analysis of data through Feb. 17. The company said on
Tuesday it would "immediately engage" with the independent panel
monitoring the trial to share its primary analysis using the
most up-to-date efficacy data.

The move comes after the National Institute for Allergy and
Infectious Diseases said the monitoring board charged with
ensuring the safety and accuracy of the trial had expressed
concern that the company may be giving an "incomplete" picture
of the shot's effectiveness.

"This is likely a very good vaccine," Dr Anthony Fauci, U.S.
President Joe Biden's COVID-19 medical adviser and National
Institute of Allergy and Infectious Diseases (NIAID) director,
told ABC News' "Good Morning America" program. "If you look at
it, the data really are quite good but when they put it into the
press release it wasn't completely accurate."

The public rebuke marks the latest setback for the vaccine,
which was initially hailed as a milestone in the fight against
the COVID-19 pandemic but which has been dogged by questions
over its effectiveness and possible side effects.

AstraZeneca said it had reviewed the preliminary assessment
of the primary analysis and found it to be consistent with the
interim report.

Its shares were down over 1% in London trading.

According to the data AstraZeneca made public on Monday the
vaccine, developed with Oxford University, was 79% effective in
preventing symptomatic illness in the large trial that also took
place in Chile and Peru. It was also 100% effective against
severe or critical forms of the disease and hospitalisation, and
posed no increased risk of blood clots.

The renewed doubts about the vaccine's efficacy coincide
with its rollout in dozens of countries worldwide and clouds the
timeline for its emergency use authorization in the United
States.

"This is indeed an extraordinary act. The negative reports
about this vaccine do not stop, although my assessment is that
it is well tolerated and safe, but clearly less effective than
the two mRNA vaccines," Peter Kremsner, from the University
Hospital in Tuebingen, Germany.

Rival vaccines from Pfizer and Moderna that
use so-called mRNA technology produced efficacy rates of around
95% each, far above the 50% benchmark set by global regulators.

The DSMB is organised by NIAID, and its role is to provide
study oversight and evaluate clinical data to ensure safe and
ethical conduct of the study. Fauci heads the NIAID, which is
part of the National Institutes of Health.

DOUBTS RAISED

AstraZeneca's COVID-19 shot has faced questions since late
last year when the drugmaker and Oxford University published
data with different efficacy readings due to a measurement
error.

Later analysis suggested the dosing interval rather than the
amount of dose administered was responsible for the difference.

Confidence in the vaccine took a further hit this month when
more than a dozen countries, mostly in Europe, temporarily
suspended the shot after reports linked it to a rare blood
clotting disorder in a very small number of people.

The European Union's drug regulator said last week it was
safe but an opinion poll on Monday showed Europeans remained
sceptical about its safety.

The latest data, which has yet to be reviewed by independent
researchers, was based on 141 infections among 32,449
participants.

Analysts had noted AstraZeneca's achievement of producing
strong trial data against a backdrop of more infectious variants
spreading in the United States and other countries.

Stephen Evans, a pharmacoepidemiology professor at London
School of Hygiene & Tropical Medicine, said the up-to-date data
request may have to do with efficacy readings from recent
infections which may include new variants and thus lower
protection rates.

"The other vaccines may also show such reduced efficacy and
we don’t know by how much. It does not leave me concerned
particularly unless they had found a safety issue that was being
hidden, which does not appear to be the case."

The AstraZeneca vaccine is seen as crucial in tackling the
spread of COVID-19 across the globe because it is easier and
cheaper to transport than rival shots.

It has been granted conditional marketing or emergency use
authorization in more than 70 countries. Many countries are
relying heavily on it to end the pandemic, and several state
leaders have taken the shot to boost confidence in the vaccine
including South Korea's President Moon Jae-in who received it on
Tuesday.
(Reporting by Miyoung Kim in Singapore; Additional reporting by
Shubham Kalia in Bengaluru, Ludwig Burger in Frankfurt and Kate
Kelland in London; Editing by Edwina Gibbs and Josephine Mason)

More News
3 May 2024 12:17

CORRECT: Angle shares up on assay development deal with AstraZeneca

(Correcting company name in headline)

Read more
3 May 2024 11:50

Angle shares up on assay development deal with AstraZenaca

(Alliance News) - Shares in Angle PLC jumped on Friday, after the company said it has been chosen to develop a prostate cancer assay using its Parsortix technology, opening the door for future clinical study-supporting contracts.

Read more
3 May 2024 07:50

LONDON BRIEFING: InterContinental Hotels makes first-quarter progress

(Alliance News) - London's FTSE 100 is called to open higher on Friday, on the expectation of a softer US jobs report, which could take some sting out of hawkish Federal Reserve interest rate expectations.

Read more
2 May 2024 10:04

AstraZeneca notes positive trial results for Calquence treatment

(Alliance News) - AstraZeneca PLC on Thursday said it observed positive high-level results in the Echo phase 3 trial of its Calquence treatment for previously untreated adult patients with mantle cell lymphoma.

Read more
2 May 2024 07:45

AstraZeneca reports positive results from blood cancer drug trial

(Sharecast News) - AstraZeneca has reported positive results from the use of its Calquence drug in a clinical trial to treat a rare type of blood cancer.

Read more
29 Apr 2024 22:52

J&J, Bristol Myers lose challenges to US drug price negotiation program

April 29 (Reuters) - A U.S. judge on Monday rejected a challenge by Bristol Myers Squibb and Johnson & Johnson to a law requiring them to negotiate the prices of their blockbuster blood clot prevention drugs with the U.S government's Medicare health insurance program or pay heavy penalties.

Read more
29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

Read more
29 Apr 2024 09:13

AstraZeneca makes progress with Truqap and Enhertu cancer treatments

(Alliance News) - AstraZeneca PLC on Monday said its Truqap drug has been recommended for approval in the EU to treat a form of breast cancer, while also noting trial results for its Enhertu offering.

Read more
29 Apr 2024 07:50

LONDON BRIEFING: Hipgnosis Songs Fund backs new Blackstone bid

(Alliance News) - London's FTSE 100 is called to open higher on Monday, with heady gains for US tech stocks on Friday brightening the mood in Europe and Asia at the start of the new week.

Read more
29 Apr 2024 07:24

AstraZeneca makes progress with two breast cancer treatments

(Sharecast News) - AstraZeneca issued favourable updates on two of its breast cancer treatments on Monday - 'Truqap', or capivasertib, and 'Enhertu', or trastuzumab deruxtecan - following encouraging results from respective phase three trials.

Read more
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

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.