Skip to content
Home / News |

AstraZeneca To Conduct New Trial For Coronavirus Vaccine

A report from Bloomberg released in the last half an hour has stated that AstraZeneca (LON: AZN) will conduct an additional trial to assess its Covid-19 vaccine after questions were raised regarding its recent results. 

The drugmaker had been pushing back this week after experts began to question its results that were published earlier this week. 

Doubts about the vaccine occurred after the company began to probe a mistake into why the accidental use of a half dosage resulted in a higher efficacy rate. 

X testing X
WELCOME BONUS - Free Share Bundle When You Invest £50! Get up to £500 cashback for investing with IG.
Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.
5.0
Open Account Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Bloomberg said that the new trial will run instead of adding an arm to an ongoing trial in the US and it will evaluate a lower dosage that performed better than the full amount in its most recent studies. 

AstraZeneca’s CEO, Pascal Soriot, said that now they have found a better efficacy it will need to validate it and as a result, needs to conduct an additional study. 

According to the report, it will more than likely be another international study, with Soriot saying that it “could be faster because we know the efficacy is high so we need a smaller number of patients.”

London-listed shares of AstraZeneca are trading at 7796p, down 0.06% on Thursday. 

PEOPLE WHO READ THIS ALSO VIEWED:

Sam Boughedda
Team Member

Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.