AZ Outlines COVID-19 Plans With Strong Q2 Update

UK Pharma Is Advancing Two MAbs Into COVID-19 Trials

AstraZeneca used its robust Q2 update to express hopes that Phase III data from of its COVID-19 vaccine candidate this year could provide it with a regulatory pathway. It is also entering a mAb combination into the clinic as a promising approach against COVID-19.

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AZ’s Q2 showed upward sales growth, led again by new products. • Source: Shutterstock

AstraZeneca PLC has said it should have Phase III data for its COVID-19 vaccine AZD1222 later in 2020 that might be sufficient for regulatory approval but stressed that the vaccine won't be a revenue driver if successful, as the group is focused on distributing it at a non-profit level.

The company updated markets on its COVID-19 response as it released another healthy set of quarterly financial results at this year’s half-way point that again highlighted its strong mid- and late-stage pipeline, which analysts said positions the British pharma for solid, deep-rooted long-term growth potential going forward

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