focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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: 12,166.00
Bid: 12,132.00
Ask: 12,136.00
Change: -6.00 (-0.05%)
Spread: 4.00 (0.033%)
Open: 12,180.00
High: 12,198.00
Low: 12,076.00
Prev. Close: 12,172.00
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 2-EU's marathon COVID vaccination drive off to uneven start

Mon, 28th Dec 2020 17:02

(Updates with German overdoses, cool chain issues)

* Overdoses reported in Germany

* Keeping Pfizer vaccine cold enough proves a challenge

* Questions raised in Italy over vaccine distribution

* EU expects 200 mln doses of Pfizer shot by Sept. 2021

By Francesco Guarascio and Arno Schuetze

BRUSSELS/FRANKFURT, Dec 28 (Reuters) - The EU's campaign to
vaccinate Europeans against COVID-19 has got off to an uneven
start in what will be a marathon effort to administer shots to
enough of the bloc's 450 million people to defeat the viral
pandemic.

In one mishap, eight workers at a care home in Stralsund on
the north German coast were injected with five times the
recommended dose of the vaccine developed by Pfizer and
BioNTech. Four were hospitalised.

"I deeply regret the incident. This individual case is due
to individual errors. I hope that all those affected do not
experience any serious side effects," district chief Stefan
Kerth said on Monday.

In southern Germany, officials had to send back about 1,000
doses after finding they had been transported in cool boxes
typically used for picnics or camping trips that failed to keep
the vaccine cold enough.

The EU vaccination drive kicked off at the weekend, with
health workers and residents of care homes across the bloc among
the first to get the shots from Pfizer, which must be stored at
ultra-cold temperatures.

In Italy, meanwhile, some politicians complained that
Germany - the EU's largest member state and home to BioNTech -
may be getting more than its fair share of shots.

The EU is due to receive its first 12.5 million doses of the
Pfizer vaccine by New Year's Day, with distribution of 200
million doses across its 27 member countries to be completed by
next September. The vaccine course requires two doses.

A spokesman for Pfizer declined to comment on specific
schedules or whether the timeline indicated by the Commission
represented a delay. "Our timelines are aspirational and can
shift based on capacity and manufacturing timelines," he said.

Talks are under way to agree on the delivery of an optional
further 100 million doses under the contract sealed with the two
companies, the EU said.

KEEPING COOL

The initial glitches highlight the challenge in rolling out
the vaccine while regulators consider approving other vaccines,
including from Moderna and AstraZeneca, which
are easier to transport and store.

The rollout of the Pfizer shot in the United States has been
slow, putting the government's target of 20 million vaccinations
this month in doubt, as hospitals navigate preparing the
previously frozen shots for use, finding staff to run clinics
and ensuring proper social distancing.

As well as being the first COVID-19 vaccine to be delivered
across the EU, the Pfizer shot is particularly tricky to handle.
For long-term storage it needs to be deep frozen at about minus
70 Celsius (minus 94 Fahrenheit).

It can be defrosted for a few days before being used, but
even then must be kept chilled at between 2C and 8C.

In southern Germany, officials said they would not use some
shots after temperature trackers in cool boxes showed they may
not have been kept cold enough.

"There were doubts as to whether the cold chain was
maintained at all times," said Christian Meissner, district
administrator in the Bavarian town of Lichtenfels.

"BioNTech said that the vaccine was probably okay, but
'probably okay' is not enough," he told Reuters TV.

The lapse happened after the doses were handed over to the
local authorities. BioNTech declined to comment.

In Spain, delivery of a new batch from Pfizer was held up by
a day to Tuesday due to a temperature issue that has now been
resolved, Health Minister Salvador Illa said.

Maria Asuncion Ojeda, a resident at Madrid's Ballesol Parque
Almansa nursing home, was still delighted to be an early
recipient of the Pfizer vaccine.

"I wanted to do it because it's the only way we can solve
this problem," the 87-year-old said on Monday, a day after Spain
began vaccinating care-home residents and their staff.

FAIR SHARES

The EU is distributing jointly procured vaccines on a
pro-rata basis to the 27 member states based on their
populations, while some European countries have also made their
own deals to buy extra doses separately.

In Italy, some politicians said Germany appeared to be
getting more than its fair share, at least during the highly
symbolic initial rollout.

"The accounts don't add up," Italian virologist Roberto
Burioni said on Twitter, pointing to reports in Germany that
first-day deliveries had totalled more than 150,000 doses while
other EU countries got just 10,000.

An official familiar with vaccine distribution in Germany
said that each of the 16 German federal states had received
10,000 doses of the Pfizer vaccine ahead of the weekend start of
the inoculation drive.

An Italian reporter asked about the supplies at a German
government news conference. An official from the German health
ministry replied that Berlin had signed a separate deal for 30
million extra doses of the Pfizer vaccine.

(Additional reporting by Michael Nienaber, Silvio Castellanos,
Guillermo Martinez, Inti Landauro, John Miller, Maayan Lubell,
Emilio Parodi, Giselda Vagnoni and Benoit Van Overstraeten;
Writing by Douglas Busvine; Editing by Peter Graff and David
Clarke)

More News
16 May 2024 10:27

AstraZeneca trials yield positive results for immunocompromised patients

(Alliance News) - AstraZeneca PLC on Thursday said results from recent trials revealed a significant reduction in cases of Covid-19.

Read more
12 May 2024 13:25

Pfizer and AstraZeneca announce new investments of nearly $1 billion in France

PARIS, May 12 (Reuters) - Leading healthcare companies Pfizer and AstraZeneca announced on Sunday new investments in France worth a total of nearly $1 billion, ahead of the start of this year's annual 'Choose France' business summit.

Read more
8 May 2024 19:10

Sector movers: Aerospace and Defence, Pharma pace gains

(Sharecast News) - London's main stock market gauges continued to push higher in the middle of the week, even as investors waited on the Bank of England's policy announcement on the following day.

Read more
8 May 2024 17:46

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 up 0.5%, FTSE 250 adds 0.4%

*

Read more
8 May 2024 16:36

London close: Stocks rise further ahead of BoE decision

(Sharecast News) - London's stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.

Read more
8 May 2024 09:44

AstraZeneca says withdraws Covid vaccine "for commercial reasons"

(Alliance News) - Drugmaker AstraZeneca PLC said Wednesday that it has withdrawn its Covid vaccine Vaxzevria, one of the first produced in the pandemic, citing "commercial reasons" and a surplus of updated jabs.

Read more
8 May 2024 09:39

LONDON BROKER RATINGS: UBS raises Centrica to 'buy' from 'neutral

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

Read more
7 May 2024 15:54

Berenberg hikes target price on Astrazeneca

(Sharecast News) - Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200.0p to 1,300.0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".

Read more
7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

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

Read more
6 May 2024 07:46

AstraZeneca completes collaboration and investment deal with Cellectis

(Alliance News) - AstraZeneca PLC on Monday said it has completed an equity investment in clinical-stage biotechnology company Cellectis, first announced in November.

Read more
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

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.