Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

AstraZeneca's Covid drug meets trial endpoints

(Sharecast News) - AstraZeneca said on Thursday that its investigative drug sipavibart had shown positive results in preventing Covid-19 in vulnerable patients. The FTSE 100 drugs firm said the phase III pre-exposure prophylaxis trial had met both its primary endpoints, of showing a relative risk reduction of Covid caused by different variants in immunocompromised patients.

AstraZeneca said that while only accounting for around 4% of the population, immunocompromised patients made up around 25% of Covid hospitalisations, ICU admissions and death.

Iskra Reic, executive vice president for vaccines and immune therapies at AstraZeneca, said: "Immunocompromised patients currently have limited or no options for Covid-19 protection, and continue to face a significant burden of disease despite being fully vaccinated.

"We will now work with regulatory authorities globally to bring sipavibart to these vulnerable patients."

The Supernova phase III trial was global, randomised, double-blind and placebo-controlled. It was designed to assess both the safety and efficacy of sipavibart when compared to a control in preventing Covid.

It was carried out across 197 sites in the US, UK, Europe and Asia. A total of 3,335 people took part.

Share this article

Related Sharecast Articles

Tritax Eurobox says Brookfield offer deadline extended; in talks with other parties
(Sharecast News) - Tritax Eurobox rallied on Tuesday after it said the deadline for Brookfield Asset Management to make an offer for the company has been extended, and that it had received other expressions of interest from a number of parties.
Caspian Sunrise reports progress on several fronts
(Sharecast News) - Caspian Sunrise updated the market on its recent activities on Tuesday, including well testing results, new drilling, and preparations for the charter of the Caspian Explorer.
Tesla shares pop on better-than-expected delivery numbers
(Sharecast News) - Tesla shares were rising on Tuesday, after it reported a smaller-than-expected decline in vehicle deliveries for the second quarter on the back of strategic price cuts and incentives designed to boost demand.
CleanTech announces results of plant location study
(Sharecast News) - CleanTech Lithium announced the results of a plant location study on Tuesday, as part of the ongoing pre-feasibility study (PFS) for its Laguna Verde Project in Chile.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.