The London-listed firm, already among the leading players in the
global race to develop a successful vaccine, said the study would
evaluate if AZD7442, a combination of two monoclonal antibodies (mAbs),
was safe and tolerable in up to 48 healthy participants between the
ages of 18 and 55 years.
If the UK-based early-stage trial, which has dosed its participants,
shows AZD7442 is safe, AstraZeneca said it would proceed to test it
as both a preventative treatment for COVID-19 and a medicine for
patients who have it, in larger, mid-to-late-stage studies.
AstraZeneca shares were up about 1% at 87 pounds ($114) in early
trading.
Development of mAbs to target the virus, an approach already being
tested by Regeneron <REGN.O>, ELi Lilly <LLY.N>, Roche <ROG.S> and
Molecular Partners <MOLN.S>, has been endorsed by leading
scientists.
mAbs mimic natural antibodies generated in the body to fight off
infection and can be synthesised in the laboratory to treat diseases
in patients. Current uses include treatment of some types of
cancers.
U.S. infectious diseases expert Anthony Fauci has called them
"almost a sure bet" against COVID-19, and AstraZeneca in June
received $23.7 million in funding from U.S. government agencies to
advance development of antibody-based treatments for COVID-19.
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"This combination of antibodies, coupled to our proprietary half-life extension
technology, has the potential to improve both the effectiveness and durability
of use in addition to reducing the likelihood of viral resistance," said Astra's
executive vice president of biopharmaceuticals R&D Mene Pangalos.
Though vaccines are at the heart of the long-term fight against the pandemic,
alternative treatments are also being advanced, and the United States on Sunday
authorized use of recovered COVID-19 patients' plasma to treat those who are
ill.
The Financial Times reported at the weekend that President Donald Trump's
administration was considering a fast-tracked approval of AstraZeneca's COVID-19
vaccine before November's elections.
(Reporting by Pushkala Aripaka and Aakash Jagadeesh Babu in Bengaluru; Editing
by Shailesh Kuber and Patrick Graham)
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