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Share Price: 1,810.00
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UPDATE 2-AstraZeneca antibody cocktail succeeds in late-stage study to treat COVID-19

Mon, 11th Oct 2021 07:52

(Adds detail on rival treatments)

By Yadarisa Shabong and Sachin Ravikumar

Oct 11 (Reuters) - AstraZeneca's experimental
COVID-19 drug has helped cut the risk of severe disease or death
in a late-stage study, the British drugmaker said on Monday, a
boost to its efforts to develop coronavirus medicines beyond
vaccines.

The drug, a cocktail of two antibodies called AZD7442,
reduced the risk of severe COVID-19 or death by 50% in
non-hospitalised patients who have had symptoms for seven days
or less, meeting the main goal of the study.

AstraZeneca's therapy, delivered via injection, is the first
of its kind to show promise both as a preventative medicine and
as a treatment for COVID-19 following multiple trials. It is
designed to protect people who do not have a strong enough
immune response to vaccines.

"These positive results show that a convenient intramuscular
dose of AZD7442 could play an important role in helping combat
this devastating pandemic," Hugh Montgomery, the trial's
principal investigator, said in a statement.

Similar therapies made with a class of drugs called
monoclonal antibodies are being developed by Regeneron,
Eli Lilly and GlaxoSmithKline with partner Vir
. These therapies are approved for emergency use in the
United States for treating mild-to-moderate COVID-19.

AstraZeneca, whose COVID-19 vaccine has been widely used
globally, asked U.S. regulators last week to grant emergency use
authorisation for AZD7442 as a preventative therapy.

AstraZeneca is submitting data from various AZD7442 studies
to global health regulators, a spokeswoman said on Monday.

"We'll be continuing discussions with regulators around this
new data," she said of Monday's trial results.

The trial took place across 13 countries and involved more
than 900 adult participants, with one half receiving AZD7442 and
the rest a placebo. Full trial results will be submitted for
publication in a peer-reviewed journal, AstraZeneca said.

AZD7442 contains laboratory-made antibodies designed to
linger in the body for months to contain the virus in case of an
infection. A vaccine, in contrast, relies on an intact immune
system to develop targeted antibodies and infection-fighting
cells.

"An early intervention with our antibody can give a
significant reduction in progression to severe disease, with
continued protection for more than six months," said Mene
Pangalos, executive vice president at AstraZeneca.

While Monday's results cover the use of AZD7442 in
non-hospitalised patients, a separate trial is also studying its
use as a treatment for hospitalised COVID-19 patients.

Other antibody cocktail treatments for COVID-19 have shown
varied degrees of success.

Regeneron's therapy showed 72% protection against
symptomatic infection in the first week, and 93% after that.
GSK-Vir's showed a 79% reduction in the risk of hospitalisation
or death due to any cause, while Lilly's therapy showed a 70%
reduction in viral load at day seven compared to a placebo.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by
Saumyadeb Chakrabarty, Kirsten Donovan)

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GSK reports positive results from gonorrhoea treatment trial

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GSK reports encouraging results for ViiV's Cabenuva HIV treatment

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20 Feb 2024 08:55

IN BRIEF: Diageo welcomes GSK's CFO as non-executive director

Diageo PLC - London-based brewer and distiller sells more than 200 drinks brands, including Guinness stout, Captain Morgan rum and Johnnie Walker whisky - Appoints GSK PLC's chief financial officer and executive director, Julie Brown, as a non-executive director. Says she will succeed Alan Stewart as chair of the audit committee after his retirement following the firm's annual general meeting in September. Chair Javier Ferran says: "Julie brings many years of experience in financial, commercial and strategic roles in international companies operating in highly regulated industries. She is strongly committed to enabling diversity in business and to creating sustainable, long-term value for stakeholders. I look forward to her contribution to Board discussions and to working with her in progressing Diageo's ambition to be one of the most trusted and respected consumer products companies in the world."

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15 Feb 2024 14:44

UK dividends calendar - next 7 days

Friday 16 February 
JPMorgan Asia Growth & Income PLCdividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
Murray International Trust PLCdividend payment date
Premier Miton Group PLCdividend payment date
Schroder Oriental Income Funddividend payment date
Solid State PLCdividend payment date
Monday 19 February 
no events scheduled 
Tuesday 20 February 
Invesco Bond Income Plus Ltd 
Wednesday 21 February 
no events scheduled 
Thursday 22 February 
abrdn Asia Focus PLCex-dividend payment date
Alumasc Group PLCex-dividend payment date
AstraZeneca PLCex-dividend payment date
BlackRock Throgmorton Trust PLCex-dividend payment date
Braemar PLCex-dividend payment date
easyJet PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
Endeavour Mining PLCex-dividend payment date
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Gateley Holdings PLCex-dividend payment date
GSK PLCex-dividend payment date
Hercules Site Services PLCex-dividend payment date
Jersey Electricity PLCex-dividend payment date
Land Securities Group PLCex-dividend payment date
Molten Ventures VCT PLCex-dividend payment date
Northern Bear PLCex-dividend payment date
Redrow PLCex-dividend payment date
Samuel Heath & Sons PLCex-dividend payment date
Titon Holdings PLCex-dividend payment date
Unilever PLCex-dividend payment date
Van Elle Holdings PLCex-dividend payment date
Virgin Money UK PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
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.

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15 Feb 2024 11:02

Berenberg hikes target price on GSK

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London close: Stocks fall as US inflation tops expectations

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