Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video 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
Today 10:33

AstraZeneca leaps after smashing first-quarter forecasts

Q1 revenue up 19% to $12.68 bln *

Today 09:18

TOP NEWS: AstraZeneca upbeat as cancer drugs underpin sales growth

(Alliance News) - AstraZeneca PLC on Thursday hailed the potential of its drugs pipeline as it delivered impressive growth in sales and profit in the ...

Today 09:12

LONDON MARKET OPEN: Anglo American jumps on takeover bid from BHP

(Alliance News) - Stock prices in London opened mixed on Thursday, as investors cautiously eye data on the health of the US economy.

Today 08:38

AstraZeneca blows past analysts' estimates for Q1

(Sharecast News) - AstraZeneca posted better-than-expected revenues and profit for the first quarter of 2024 with both the company and analysts highli...

Today 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

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.