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Astrazeneca Oxford Vaccine Agreement

Astrazeneca Oxford Vaccine Agreement

Oxford Biomedica followed in June with its VMIC deal, which aimed to increase production of the AstraZeneca shot as well as other vector-based viral vaccines. AstraZeneca today received more than $1 billion in funding from the Biomedical Advanced Research and Development Authority (BARDA) for the development, production and delivery of the vaccine starting in the fall. The development program includes a Phase III clinical study involving 30,000 participants and a pediatric study. The cooperation aims to provide patients with the potential ChAdOx1 nCoV-19 vaccine, developed by the Jenner Institute and the Oxford Vaccine Group at the University of Oxford. As part of the agreement, AstraZeneca would be responsible for the development and production and distribution of the vaccine globally. The company had previously said it had created several supply chains to ensure that access to its vaccine for high- and low-income countries was timely, broad and equitable. With today`s agreement, the IVA aims to accelerate the supply of vaccines and make them available to other European countries willing to participate in the initiative. The IVA is committed to giving equal access to all participating countries throughout Europe. Stra (Reuters) – AstraZeneca Plc said on Friday that its coronavirus vaccine deal with Oxford University will allow it to add up to 20 percent of manufacturing costs to cover additional costs that will have to incur the British drugmaker. The University of Oxford announced last month the launch of a phase II/III study of AZD1222 on approximately 10,000 adult volunteers.

Further late studies are expected to be launched in a number of countries. AstraZeneca recognizes that the vaccine may not be effective, but is committed to accelerating the clinical program and expanding risky production. ”This agreement will ensure that hundreds of millions of Europeans will have access to oxford University`s vaccine after authorisation,” said Pascal Soriot, Director General. Given that our European supply chain is due to start producing soon, we hope that the vaccine will be made widely and quickly available. I would like to thank the governments of Germany, France, Italy and the Netherlands for their commitment and rapid response.” China has several potential coronavirus vaccines at the end of testing and has been giving one to health workers and border guards under ”emergency response” since July, according to a senior health official. Last week, scientists raised hopes that studies of the Oxford vaccine may have collected enough data by the end of the year to show whether it works and is safe before it is subject to approval from UK regulators. . .

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