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Pin to quick picksGlaxosmithkline Share News (GSK)

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UPDATE 3-AstraZeneca puts leading COVID-19 vaccine trial on hold over safety concern

Tue, 08th Sep 2020 23:30

(Adds AstraZeneca comment, Moderna comment, byline)

By Deena Beasley

Sept 8 (Reuters) - AstraZeneca Plc on Tuesday said
it has paused a late-stage trial of one of the leading COVID-19
vaccine candidates after an unexplained illness in a study
participant.

"Our standard review process was triggered and we
voluntarily paused vaccination to allow review of safety data by
an independent committee," company spokeswoman Michele Meixell
said in an emailed statement.

The study is testing a COVID-19 vaccine being developed by
AstraZeneca and University of Oxford researchers at various
sites, including the United Kingdom, where the illness was
reported.

The nature of the case and when it happened were not
detailed, although the participant is expected to recover,
according to Stat News, which first reported the trial was
halted due to a "suspected serious adverse reaction." The U.S.
Food and Drug Administration defines that as an adverse event in
which evidence suggests a possible relationship to the drug
being tested.

The suspension of the trial has impacted other AstraZeneca
vaccine trials - as well as clinical trials being conducted by
other vaccine makers, which are looking for signs of similar
reactions, Stat said.

The U.S. National Institutes of Health, which is providing
funding for AstraZeneca's trial, declined to comment.

AstraZeneca's statement said that "in large trials,
illnesses will happen by chance but must be independently
reviewed to check this carefully."

Shares of AstraZeneca fell more than 8% in after-hours U.S.
trading, while shares of rival vaccine developers rose. Moderna
Inc was up more than 4% and Pfizer Inc rose
less than 1%.

Moderna, in an emailed statement, said it was "not aware of
any impact" to its ongoing COVID-19 vaccine study at this time.

Nine leading U.S. and European vaccine developers pledged on
Tuesday to uphold scientific safety and efficacy standards for
their experimental vaccines despite the urgency to contain the
coronavirus pandemic.

The companies, including AstraZeneca, Moderna, and Pfizer
issued what they called a "historic pledge" after a rise in
concern that safety standards might slip in the face of
political pressure to rush out a vaccine.

The companies said they would "uphold the integrity of the
scientific process as they work towards potential global
regulatory filings and approvals of the first COVID-19
vaccines."

The other signatories were Johnson & Johnson, Merck
& Co, GlaxoSmithKline, Novavax Inc,
Sanofi and BioNTech.

(Reporting By Peter Henderson
Editing by Bill Berkrot and Aurora Ellis)

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Private equity firm Yellow Wood close to deal to acquire ChapStick-sources

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24 Jan 2024 14:34

UK earnings, trading statements calendar - next 7 days

Thursday 25 January 
Britvic PLCTrading Statement
Conduit Holdings LtdTrading Statement
CVS Group PLCTrading Statement
Dr Martens PLCTrading Statement
Fevertree Drinks PLCTrading Statement
Foxtons Group PLCFull Year Results
Fuller, Smith & Turner PLCTrading Statement
Halfords Group PLCTrading Statement
Idox PLCFull Year Results
IG Group Holdings PLCHalf Year Results
Intermediate Capital Group PLCTrading Statement
Mitie Group PLCTrading Statement
NCC Group PLCHalf Year Results
Newmark Security PLCHalf Year Results
Next 15 Group PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Secure Trust Bank PLCTrading Statement
St James's Place PLCTrading Statement
Time Finance PLCHalf Year Results
Titon Holdings PLCFull Year Results
Wizz Air Holdings PLCQ3 Results
Workspace Group PLCTrading Statement
Friday 26 January 
Paragon Banking Group PLCTrading Statement
Record PLCTrading Statement
Superdry PLCHalf Year Results
Taylor Maritime Investments LtdTrading Statement
WH Smith PLCTrading Statement
YouGov PLCTrading Statement
Monday 29 January 
Team Internet Group PLCTrading Statement
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Diaceutics PLCTrading Statement
Diageo PLCHalf Year Results
Kromek Group PLCHalf Year Results
Luceco PLCTrading Statement
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SThree PLCFull Year Results
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Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf 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.

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