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Astrazeneca

  • Astrazeneca pauses Covid-19 vaccine trial after patient contracts mystery illness

    September 9, 2020

    Drugs giant Astrazeneca last night said that it had paused trials of its potential coronavirus vaccine after one of the study participants contracted an unknown illness. The vaccine, which is being developed in conjunction with scientists at the University of Oxford, is widely considered one of the leading candidates in the hunt for a way [...]

  • EU to pay Astrazeneca £300m for Oxford coronavirus vaccine

    August 27, 2020

    The European Union will pay €336m (£300m) for 300m doses for a potential coronavirus vaccine being developed by the University of Oxford and drugs giant Astrazeneca. In a statement, the EU said that as well as the initial doses, the deal would give it the chance to purchase an additional 100m doses, which would then [...]

  • Astrazeneca beats forecasts due to strong drug sales in lockdown

    July 30, 2020

    Pharmaceuticals giant Astrazeneca this morning reported better than expected second-quarter sales and profits for the second quarter due to strong sales during the coronavirus lockdown. The figures The FTSE 100-listed firm, which has signed up to produce a front-running coronavirus vaccine candidate, said product sales in the three months to 30 June reached $6.05bn.  Analysts [...]

  • Astrazeneca reaches global agreements to produce 2bn coronavirus vaccine doses

    June 4, 2020

    Drugs giant Astrazeneca has made deals that will mean it can deliver 2bn doses of Oxford University’s potential coronavirus vaccine, double the previous number. The pharmaceuticals firm today said it had signed agreements with the Coalition for Epidemic Preparedness Innovations (CEPI), Gavi the Vaccine Alliance, and the Serum Institute of India (SII) to manufacture the [...]

  • Astrazeneca set to supply potential coronavirus vaccine in September

    May 21, 2020

    Pharmaceuticals giant Astrazeneca has confirmed it is prepared to deliver the first 400m doses of its potential coronavirus vaccine from September. In total, the drugmaker, which is the delivery partner for the University of Oxford, has secured the capacity to manufacture 1bn doses of the treatment over the next two years. Of the doses, 100m [...]

  • Astrazeneca partners with Oxford University to manufacture coronavirus vaccine

    April 30, 2020

    Drugs giant Astrazeneca has partnered with Oxford University to manufacture its potential Covid-19 vaccine, the firm announced this morning. The vaccine, which is being developed by the Jenner Institute and the Oxford Vaccine Unit, is one of 70 treatments worldwide that is under development to counter the coronavirus disease. Last week the first human trials [...]

  • Astrazeneca retains guidance after strong first quarter performance

    April 29, 2020

    Pharmaceuticals giant Astrazeneca reported strong revenue and profit growth for the first quarter of 2019 amid the coronavirus disruption. The Anglo-Swedish company beat analyst expectations and maintained its sales and earning guidance for the whole year. Shares in the firm rose over one per cent as markets opened. The figures Revenue increased 16 per cent [...]

  • Astrazeneca to trial diabetes drug as potential coronavirus treatment

    April 23, 2020

    Pharmaceuticals giant Astrazeneca today announced that it was beginning clinical trials to see if one of its diabetes drugs could be used to tackle coronavirus. The trial will test whether Farxiga, which is used to treat type-2 diabetes, can reduce the risk of serious complications and organ failure in coronavirus patients with existing heart and [...]

  • Astrazeneca profits slump in final quarter as firm warns of coronavirus hit

    February 14, 2020

    Pharmaceuticals giant Astrazeneca saw profit nearly halve in the fourth quarter as the firm hit a bump in its road to recovery. The FTSE blue chip warned that its 2020 growth would take a hit due to the expected knock-on effect of the coronavirus in China, its second biggest market. Shares in the UK firm [...]

  • Astrazeneca takes $100m hit on failed heart disease drug tests

    January 13, 2020

    Astrazeneca is in line for a $100m hit after a heart disease drug was shown to be ineffective in treating certain heart conditions in tests. After the disappointing results, the drug manufacturer said it would stop running trials on the drug, known as Epanova. Read more: Astrazeneca beats estimates in strong third quarter It also [...]

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