PYX Resources: Achieving volume and diversification milestones. 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: 12,110.00
Bid: 12,086.00
Ask: 12,088.00
Change: -56.00 (-0.46%)
Spread: 2.00 (0.017%)
Open: 12,186.00
High: 12,198.00
Low: 12,068.00
Prev. Close: 12,166.00
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-China steals march on West in developing nations' vaccine rollout

Thu, 14th Jan 2021 17:31

* Turkey says it vaccinates more than 200,000 people on
first day

* Hungary looking at Chinese vaccine, says EU orders too
slow

* Brazil expected to launch programme next week

By Murad Sezer and Peter Graff

ISTANBUL/LONDON, Jan 14 (Reuters) - China is stealing a
march on Western drugmakers in the COVID-19 vaccine race in
developing nations, with Indonesia and Turkey rolling out huge
campaigns with a Chinese shot this week, Brazil due to follow
soon, and even EU member Hungary signing up.

Scientists in some Western countries say China has been too
slow to publish trial data. Public reports so far about how well
its vaccines work have been inconsistent, which the Chinese
firms attribute to variations in methodology.

Still, countries with hundreds of millions of people
desperate for a vaccine think China's shots are good enough.

As Western drugmakers struggle to meet demand at home,
Beijing has sent millions of doses round the world of CoronaVac,
made by Sinovac Biotech, and is also marketing a
separate vaccine made by another company, Sinopharm.

The exports come even as China battles its own flare-up in
infections, which has put more than 28 million people in
lockdown. China has administered 10 million vaccine doses at
home.

Though some studies on the Sinovac shot have reported lower
effectiveness rates than some Western products, the countries
buying them say they appear effective at preventing the most
serious, deadly form of COVID-19.

Perhaps most importantly, they are also easy to administer,
allowing the quick launch of large-scale programmes to save
lives and prevent health systems from being overwhelmed.

Turkey launched its programme on Thursday with the Sinovac
shot, and by late afternoon said it had already vaccinated more
than 200,000 people - more in a few hours than France has
managed in three weeks. Health workers went first.

"We spent around 10 months in white overalls, supporting
people as they struggle for life. Health workers know very well
that this situation cannot be taken lightly and that the vaccine
is needed," Surgeon General Nurettin Yiyit said.

Hungary, which has complained about the "scandalously" slow
rollout of vaccines bought by the European Union on behalf of
its 27 member states, reached a deal on Thursday to buy the
Sinopharm vaccine. If approved, it would become the first EU
country to authorise a Chinese vaccine.

'BREAK THE CHAIN'

While all countries are likely to need more than one type of
vaccine to meet demand, China has been quick off the mark in
shipping doses to countries at the back of the queue for
supplies of Western shots.

Many developing countries may still have months to wait for
their first vaccines.

Meanwhile, Turkey already has 3 million doses of the Sinovac
vaccine in its stocks, and Brazil has 6 million doses. Brazil is
expected to begin injecting them next week.

Indonesia's President Joko Widodo was the first to get a
shot of the Sinovac vaccine to kick off one of the world's
biggest vaccine programmes on Wednesday. It expects to have 30
million Sinovac doses by the end of March out of an order of
more than 122 million in 2022.

"Vaccination is important to break the chain of COVID-19
transmission and give protection to us and safety to every
Indonesian and help accelerate economic recovery," the president
said.

The Western company competing most directly in developing
countries with Sinovac so far is AstraZeneca, whose
vaccine developed with Oxford University is also cheap and easy
to deliver.

It will be the basis of the biggest vaccine programme of
them all, which India is expected to launch on Saturday. More
than 5 million doses were flown across the country this week in
preparation.

India's government says it will pay less than $3 a dose for
the first 100 million shots, produced under license by India's
Serum Institute.

Russia will launch a new, scaled-up version of its
vaccination programme next week, using its own Sputnik V shot,
which it is also heavily marketing in developing countries. It
has won approval in Argentina, Belarus and Serbia, although so
far it has been slow to produce doses for export at a big scale.

Kirill Dmitriev, head of the Russian sovereign wealth fund
which backs the vaccine, said in an interview at the Reuters
NEXT conference that Russia would seek EU approval for the
vaccine next month and expects to win 25% of global market
share.
(Reporting by Murad Sezer, Mehmet Emin Caliskan and Ali
Kucukgocmen in Istanbul, Tuvan Gumrukcu in Ankara, Gabriel
Stargardter and Ricardo Brito in Rio de Janeiro, Stanley
Widianto in Jakarta, Aditi Shah and Sachin Ravikumar in India,
Andrew Osborn and Polina Ivanova in Moscow, Krisztina Than and
Anita Komuves in Budapest;
Editing by Josephine Mason and Andrew Cawthorne)

More News
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
16 Apr 2024 09:48

LONDON BROKER RATINGS: RBC raises Admiral; Barclays cuts Phoenix Group

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

Read more
16 Apr 2024 09:30

Boehringer replaces Bayer as Germany's largest drugmaker on Jardiance gains

INGELHEIM, Germany, April 16 (Reuters) - Boehringer Ingelheim on Tuesday overtook Bayer as Germany's largest drugmaker when the unlisted company reported a currency-adjusted gain in 2023 pharmaceutical sales of 10.3% to 20.8 billion euros ($22.11 billion).

Read more
16 Apr 2024 08:39

AstraZeneca's hails Imfinzi survival data on cancer form

(Alliance News) - AstraZeneca PLC on Tuesday said that its immunotherapy Imfinzi showed positive survival rate in people with advanced biliary tract cancer.

Read more
12 Apr 2024 12:55

EU regulator rules out link between weight-loss drugs and suicidal thoughts

April 12 (Reuters) - The European Union drug regulator found no evidence that a class of diabetes and weight-loss drugs such as Novo Nordisk's hugely popular Wegovy, are linked to suicidal thoughts, it said on Friday, ending a nine-month probe.

Read more
11 Apr 2024 18:51

AstraZeneca CEO could earn 19 million pounds as pay measure clears opposition

Policy approved with two-third of votes in favour

*

Read more
11 Apr 2024 17:13

FTSE 100 edges lower as financials drag

Lok'nStore surges to all-time high after buyout by Shurgard

*

Read more
11 Apr 2024 17:07

Banks weigh down Europe's STOXX 600 after ECB signals rate cuts

Outlook hike sends Ambu shares up

*

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 11:50

LONDON MARKET MIDDAY: Europe takes hit on nerves ahead of ECB decision

(Alliance News) - European equities sunk lower at midday on Thursday, with sentiment hurt by hotter-than-expected inflation from the US crushing hopes of interest rate cuts.

Read more
11 Apr 2024 08:56

TOP NEWS: Astra plans 7% dividend hike for 2024 after no rise in 2023

(Alliance News) - AstraZeneca PLC said it intends to raise its annualised dividend for 2024, citing confidence in its business performance and cash generation.

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.