Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAstrazeneca Share News (AZN)

Share Price Information for Astrazeneca (AZN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 12,556.00
Bid: 12,250.00
Ask: 12,700.00
Change: 0.00 (0.00%)
Spread: 450.00 (3.673%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 12,556.00
AZN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 6-Governments support AstraZeneca shot after South Africa halts roll-out

Mon, 08th Feb 2021 07:34

* South Africa puts AstraZeneca vaccinations on hold

* Study: shot gives minimal protection against mild
infection

* Britain, France, Germany, Australia voice support for shot

* Concerns rise over longer fight against virus
(Updates with governments voicing support)

By Guy Faulconbridge and Kate Holton

LONDON, Feb 8 (Reuters) - Western governments rushed to
offer support for the AstraZeneca COVID-19 vaccination after
South Africa halted its roll-out when research showed it offered
minimal protection against mild infection from a variant
spreading there.

The arrival of vaccines has given hope that scientists can
tame a pandemic that has killed 2.3 million people worldwide.
But if vaccines are less effective against new variants, they
may need to be tweaked and people may need booster shots.

South Africa announced its pause after researchers from the
University of Witwatersrand and the University of Oxford found
that the AstraZeneca vaccine provided only minimal protection
against mild or moderate infection from the B.1.351 variant, now
the dominant form of the virus in that country.

The research is not yet peer reviewed and did not provide
data on older people most likely to die or need hospitalisation.
There was no data on whether the vaccine would prevent severe
illness, and researchers said that was still possible.

"This study confirms that the pandemic coronavirus will find
ways to continue to spread in vaccinated populations, as
expected," said Andrew Pollard, chief investigator on the Oxford
vaccine trial.

"But, taken with the promising results from other studies in
South Africa using a similar viral vector, vaccines may continue
to ease the toll on health care systems by preventing severe
disease."

SERIOUS INFECTIONS

French Health Minister Olivier Veran voiced support for the
AstraZeneca vaccine, arguing it provided sufficient protection
against "nearly all the variants" of the virus.

German Health Minister Jens Spahn said current evidence
suggests all three vaccines approved in Europe - which include
AstraZeneca - provided effective protection against serious
infections.

Britain and Australia urged calm, citing evidence that the
vaccines prevented grave illness and death, while AstraZeneca
said it believed its vaccine could protect against severe
disease.

"We think that both the vaccines that we're currently using
are effective in, as I say, in stopping serious disease and
death," British Prime Minister Boris Johnson told reporters.
Britain also uses the Pfizer shot.

"We also think in particular in the case of the Oxford
AstraZeneca vaccine that there's good evidence that it is
stopping transmission, as well, I think 67% reduction in
transmission."

Australia is expected approve the use of the AstraZeneca
vaccine within days and expressed confidence in it.

"There is currently no evidence to indicate a reduction in
the effectiveness of either the AstraZeneca or Pfizer vaccines
in preventing severe disease and death. That is the fundamental
task, to protect the health," Health Minister Greg Hunt said.

But if vaccines do not work as effectively as hoped against
new and emerging variants, then the world could be facing a much
longer - and more expensive - battle against the virus than
previously thought.

The AstraZeneca vaccine was the big hope for Africa as it is
cheap and easy to store and transport. South Africa, which had
hoped to roll out the AstraZeneca shot this month, is storing
around 1 million doses it has received from the Serum Institute
of India.

The B.1.351 variant dominant in South Africa, also known as
20I/501Y.V2, is also circulating in at least 40 other countries,
including the United States. Other major variants include one
first found in Britain, known as 20I/501Y.V1, and one found in
Brazil known as P.1.

Austria warned against non-essential travel to its Alpine
province of Tyrol because of an outbreak of the South African
variant there. Cases were also detected north of Paris, forcing
one school to close.

VACCINE SHOCK

An analysis of infections by the South African variant
showed there was only a 22% lower risk of developing
mild-to-moderate COVID-19, more than 14 days after being
vaccinated with the AstraZeneca shot, versus those given a
placebo.

Protection against moderate-severe disease, hospitalisation
or death could not be assessed in the study of around 2,000
volunteers who had a median age of 31, as the target population
were at such low risk.

Professor Shabir Madhi, lead investigator on the AstraZeneca
trial in South Africa, said the vaccine's similarity to another
produced by Johnson & Johnson, which reduced severe disease by
85%, suggested it would still prevent serious illness or death.

"There's still some hope that the AstraZeneca vaccine might
well perform as well as the Johnson & Johnson vaccine in a
different age group demographic that I address of severe
disease," he told BBC radio.

Sarah Gilbert, professor of vaccinology at the University of
Oxford, said efforts were under way to develop a new generation
of booster shot vaccines that will allow protection against
emerging variants.

"This is the same issue that is faced by all of the vaccine
developers, and we will continue to monitor the emergence of new
variants that arise in readiness for a future strain change."

(Reporting by Guy Faulconbridge and Kate Holton; editing by
Michael Holden, Angus MacSwan, Nick Macfie and Giles Elgood)

More News
12 Dec 2023 07:39

LONDON BRIEFING: UK unemployment unchanged at 4.2%; eyes on US CPI

(Alliance News) - Stocks in London are called to open higher, as investors digest the latest UK unemployment data, before turning their heads to US inflation.

Read more
12 Dec 2023 07:16

AstraZeneca to buy US vaccine maker Icosavax for up to $1.1bn

(Sharecast News) - AstraZeneca said on Tuesday that it has agreed to buy Icosavax - a US-based clinical-stage biopharmaceutical company - for up to $1.1bn.

Read more
12 Dec 2023 02:00

UK companies pause China investment decisions as economy slows, survey shows

BEIJING, Dec 12 (Reuters) - A slowdown in both the Chinese and global economies is the biggest issue affecting British firms in the world's second-largest economy, beating geopolitical concerns and market access barriers, according to the British Chamber of Commerce in China.

Read more
11 Dec 2023 08:15

AstraZeneca says danicopan tests well as blood disorder treatment

(Alliance News) - AstraZeneca PLC on Monday reported "positive results" from a test of danicopan for the treatment of paroxysmal nocturnal haemoglobinuria, or PNH, a rare and severe blood disorder.

Read more
5 Dec 2023 10:02

LONDON BROKER RATINGS: Goldman lifts Landsec and British Land

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
1 Dec 2023 08:52

LONDON MARKET OPEN: Miners give FTSE 100 boost thanks to China PMI

(Alliance News) - Stock prices in London opened higher on Friday, with the FTSE 100 boosted by mining stocks.

Read more
1 Dec 2023 08:33

AstraZeneca discontinues two phase III evidence trials for Lokelma

(Alliance News) - AstraZeneca on Friday said it has decided to discontinue the Stabilize-CKD and Dialize-outcomes phase III trials for Lokelma, citing increased enrolment timelines.

Read more
1 Dec 2023 08:01

AstraZeneca calls off two phase III trials into hyperkalaemia treatment

(Sharecast News) - Drugmaker AstraZeneca has called off two phase III trials on its hyperkalaemia treatment after a series of logistical challenges.

Read more
1 Dec 2023 07:41

LONDON BRIEFING: Stocks called higher; UK house prices fall annually

(Alliance News) - Stocks in London are called to open higher on Friday, following data from Nationwide showing that the annual pace of UK house price decline slowed in November.

Read more
27 Nov 2023 16:12

London close: Stocks start week in subdued state

(Sharecast News) - London's financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.

Read more
27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
23 Nov 2023 18:41

IN BRIEF: AstraZeneca Chair Demare buys shares for over GBP200,000

AstraZeneca PLC - Cambridge-based pharmaceutical company - Chair Michel Demare buys 2,000 shares in total on Wednesday and Tuesday. Buys 1,000 shares for GBP101.05 each on Tuesday and 1,000 shares for GBP101.70 each on Thursday, for a total of GBP202,752.

Read more
20 Nov 2023 10:49

AstraZeneca launches new life sciences tech innovation firm Evinova

(Alliance News) - AstraZeneca PLC on Monday launched Evinova, a new health technology business focused on accelerating innovation across the life sciences sector, delivery of clinical trials and better health outcomes.

Read more
17 Nov 2023 15:20

London close: Stocks higher despite weaker retail sales data

(Sharecast News) - London's stock markets finished in a positive state on Friday despite weaker-than-expected UK retail sales figures.

Read more
17 Nov 2023 12:00

LONDON MARKET MIDDAY: Stocks shrug off downbeat UK retail sales

(Alliance News) - Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures.

Read more

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.