h/t @jwgale
posted with permission
AstraZeneca Pauses Vaccine Trial After Unexplained Illness (1)
2020-09-08 22:15:50.417 GMT
By Riley Griffin and Timothy Annett
(Bloomberg) -- AstraZeneca Plc said that it had paused
research on its experimental coronavirus vaccine after a person
who was participating in a clinical trial became ill.
The vaccine, which AstraZeneca is developing with
researchers from the University of Oxford, has been viewed as
one of the leading candidates to reach the market. The decision
to tap the brakes jolted investors, sending AstraZeneca’s U.S.-
traded shares down sharply, while boosting the stocks of some
rivals developing different potential Covid-19 shots.
“This is a routine action which has to happen whenever
there is a potentially unexplained illness in one of the trials,
while it is investigated, ensuring we maintain the integrity of
the trials,” AstraZeneca spokesperson Michele Meixell said in a
statement.
Meixell said that the company was working to expedite its
review of the incident in order to keep the trial moving along.
Companies have been racing to find a Covid-19 vaccine quickly in
hopes of blunting the pandemic as another flu season looms in
the Northern Hemisphere.
News of the trial setback was first reported by STAT.
In late trading in New York, AstraZeneca shares fell as
much as 8.3%, while Moderna Inc. and BioNTech SE saw their
shares rise. All three companies are participating in Operation
Warp Speed, the Trump administration’s program to accelerate the
discovery and distribution of a viable inoculation.
Oxford University’s Jenner Institute didn’t immediately
respond to requests seeking comment.