Britain's AstraZeneca said on Thursday that good data was coming in so far on its vaccine for COVID-19, already in large-scale human trials and widely seen as the front-runner in the race for a shot against the novel coronavirus.
) said on Thursday that good data was coming in so far on its vaccine for COVID-19, already in large-scale human trials and widely seen as the front-runner in the race for a shot against the novel coronavirus.
The drugmaker, Britain’s most valuable listed company, also announced second quarter results that beat its sales and profit estimates, thanks to strong sales from a diverse product line-up. AstraZeneca has already reached deals with countries to make more than 2 billion doses of its COVID-19 vaccine, developed in partnership with the University of Oxford, and says it could be approved by the end of this year.
It stuck by its 2020 outlook on Thursday, and its shares were up about 3% at 88.6 pounds after product sales of $6.05 billion in the three months to June surpassed consensus of $6.01 billion. The figure excludes payments from tie-ups.
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