We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

UPDATE 1-AstraZeneca aims at 2 bln doses with new COVID vaccine deals

Thu, 04th Jun 2020 17:00

(Adds details from Gavi, CEPI statements, context)

June 4 (Reuters) - Britain's AstraZeneca will be
able to deliver 2 billion doses of its potential coronavirus
vaccine this year and next, double the previous numbers, thanks
to deals with the Serum Institute of India and two Bill
Gates-backed global health organisations.

The company, which has already agreed to supply 400 million
doses to the United States and British governments, said on
Thursday it had agreed terms with the Indian company, the
world's largest manufacturer of vaccines by volume, to supply
one billion doses for low and middle-income countries.

AstraZeneca's partnership with Oxford University has
garnered international attention as one of the leading
coronavirus vaccine candidates, sealing more than $1 billion in
U.S. government funding last month as it ramps up testing of the
vaccine and manufacturing capacity.

It said it had also signed an agreement worth $750 million
with the Coalition for Epidemic Preparedness Innovations (CEPI)
and GAVI vaccines alliance, both founded by Microsoft-founder
Gates and his wife, to produce 300 million doses of the vaccine.

GAVI said on Thursday it had raised $2 billion from
international donors for an Advanced Market Commitment to buy
future COVID-19 vaccines for poor countries, including a $100
million commitment from the Bill & Melinda Gates Foundation
(Reporting by Pushkala Aripaka in Bengaluru and Kate Kelland in
London; Editing by Saumyadeb Chakrabarty and Patrick Graham)

Related Shares

More News
18 Apr 2024 14:17

UK earnings, trading statements calendar - next 7 days

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:

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 rep...

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 c...

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 hugel...

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.