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AstraZeneca increases Covid-19 vaccine doses to US
16th Mar 2021 07:49
(Sharecast News) - AstraZeneca said it had amended its existing agreement with the US government to supply up to 500,000 extra doses of its Covid-19 vaccine AZD7442 for $205m.
The agreement with the Department of Health and Human Services and the Department of Defense (DoD) builds on an agreement from October 2020 for the support of the late-stage development of AZD7442 and for the supply of an initial 100,000 doses of the LAAB combination, the company said on Tuesday.
Astra has a separate agreement to supply the DoD with 100,000 doses, bringing potential US supplies of AZD7442 to 700,000 in 2021.
The drug currently being evaluated for the prevention and treatment of Covid-19 in late-stage trials in more than 9,000 participants around the world.
In a separate statement, the company said it had completed the sale of its 26.7% stake in Viela Bio, Inc. The sale came as Horizon Therapeutics has proposed to acquire Viela.
The agreement with the Department of Health and Human Services and the Department of Defense (DoD) builds on an agreement from October 2020 for the support of the late-stage development of AZD7442 and for the supply of an initial 100,000 doses of the LAAB combination, the company said on Tuesday.
Astra has a separate agreement to supply the DoD with 100,000 doses, bringing potential US supplies of AZD7442 to 700,000 in 2021.
The drug currently being evaluated for the prevention and treatment of Covid-19 in late-stage trials in more than 9,000 participants around the world.
In a separate statement, the company said it had completed the sale of its 26.7% stake in Viela Bio, Inc. The sale came as Horizon Therapeutics has proposed to acquire Viela.