The British drugmaker said it will have as many as 200 million doses
by the end of 2020 - around four times as many as U.S. competitor
Pfizer. Seven hundred million doses could be ready globally as soon
as the end of the first quarter of 2021.
The vaccine was 90% effective in preventing COVID-19 when it was
administered as a half dose followed by a full dose at least a month
later, according to data from late-stage trials in Britain and
Brazil. No serious safety events were confirmed, the company said.
"This means we have a vaccine for the world," said Andrew Pollard,
director of the Oxford University vaccine group that developed the
drug.
The vaccine's cost works out at just a few dollars a shot, a
fraction of the price of drugs from Pfizer and Moderna, which use a
more unconventional technology.
And it can be transported and stored at normal fridge temperatures,
which proponents say would make it easier to distribute, especially
in poor countries, than Pfizer's, which needs to be shipped and
stored at -70C, the sort of temperature typical of an Antarctic
winter.
The effectiveness of AstraZeneca's vaccine depended on the dosing,
and fell to just 62% when given as two full doses rather than a
half-dose first. But scientists cautioned against seeing this as
evidence that it would be less useful than rivals. Vaccines from
Pfizer and Moderna each prevented about 95% of cases according to
interim data from their late-stage trials.
"I think it is a real fool's errand to start trying to pick these
three (Pfizer/Moderna/Astra) apart on the basis of snippets of phase
3 data from press releases," said Danny Altmann, professor of
immunology at Imperial College London.
"For the bigger picture, my suspicion is that by the time we are a
year down the line, we'll be using all three vaccines with about 90%
protection - and we'll be a lot happier."
Pascal Soriot, Astra's chief executive, said the data showing that
an initial half dose was more effective than two full doses was good
news, as more people could be vaccinated faster with a limited
supply.
[to top of second column] |
'INCREDIBLY EXCITING'
AstraZeneca's preliminary trial comes as a new wave of infections has hurt
economies, particularly in Europe and the United States. Nearly 1.4 million
people have died in the global COVID-19 pandemic.
Britain is among countries that pre-bought large quantities of the AstraZeneca
vaccine, and officials there said its success means normal life can return
sooner. Prime Minister Boris Johnson described the results as "incredibly
exciting".
Shares and oil prices rose as investors bet the rollout of another vaccine would
revive the global economy next year.
The STOXX index of Europe's 600 largest shares rose 0.5% to its highest since
February. Nevertheless, AstraZeneca's own shares fell 1.5% as traders perceived
the efficacy data as disappointing compared with rivals.
Public health experts say the world will need many vaccines to meet global
demand.
The AstraZeneca vaccine uses a modified version of a chimpanzee common cold
virus to deliver instructions to cells to fight the target virus, a traditional
approach to vaccine development and different from the path taken by Pfizer and
Moderna, which rely on new technology known as messenger RNA (mRNA).
AstraZeneca, one of Britain's most valuable listed companies, will now
immediately prepare regulatory submission of the data to authorities around the
world that have a framework in place for conditional or early approval.
It will also seek an emergency use listing from the World Health Organization to
speed up availability in low-income countries. In parallel, the full analysis of
the interim results is being submitted for publication in a peer-reviewed
journal.
(Additional reporting by Aakash Jagadeesh Babu and Alistair Smout; Writing by
Peter Graff:; Editing by Guy Faulconbridge, Christopher Cushing and Carmel
Crimmins)
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content. |