Jul 20, 2020

AstraZeneca slides even as the company’s coronavirus vaccine trial results show ‘promise’

Posted by in categories: biotech/medical, economics

AstraZeneca shares fell on Monday even after the publication of positive results from a trial of its experimental COVID-19 vaccine developed in partnership with Oxford University.

The study, published in The Lancet on Monday, said healthy volunteers who received the experimental vaccine, called AZD1222, showed immune responses.

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Last week, The Daily Telegraph reported that blood samples of volunteers in the trial showed both antibodies and T cells.

AstraZeneca said in June that it would supply up to 2 billion doses of the vaccine worldwide.

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