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

TOP NEWS: AstraZeneca To Use Component OF Russian Sputnik V Vaccine

Fri, 11th Dec 2020 10:35

(Alliance News) - AstraZeneca PLC is to use one of the two components of Russia's Sputnik V vaccine in clinical trials, it was announced on Friday.

Sputnik V is being developed by the Russian Gamaleya Research institute and financed by the Russian Direct Investment Fund. The pair "offered AstraZeneca to use one of the two components (human adenoviral vectors) of the Sputnik V vaccine in AstraZeneca's clinical trials."

Cambridge, England-based Astra has accepted the proposal and will start clinical trials of its vaccine plus Sputnik's type Ad26 human adenoviral vector by 2020 end, investigating the possibility of boosting its own vaccine's efficacy using the combined approach.

A unique feature of the Russian vaccine is that is uses two different components based on human adenovirus in two separate inoculations with the aims of delivering generic material from the spike of the coronavirus into the human body.

Sputnik V's developers said: "This approach provides for a stronger and longer-term immune response compared with vaccines using the same component for both inoculations."

Russian Direct Investment Fund Chief Exec said: "The decision by AstraZeneca to carry out clinical trials using one of two vectors of Sputnik V in order to increase its own vaccine's efficacy is an important step towards uniting efforts in the fight against the pandemic. We welcome the beginning of this new stage of cooperation between vaccine producers. We are determined to develop this partnership in the future and to start joint production after the new vaccine demonstrates its efficacy in the course of clinical trials. We hope that other vaccine producers will follow our example."

Shares in Astra were down 0.2% at 8,085.00 pence in London on Friday morning.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

Related Shares

More News
3 May 2024 12:17

CORRECT: Angle shares up on assay development deal with AstraZeneca

(Correcting company name in headline)

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 Parsort...

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...

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 pr...

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 canc...

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.