Skip to content
Thursday 27 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,792.54
-0.79%
DAX
26,367.24
+0.31%
CAC 40
8,319.87
-1.68%
STOXX 50
6,424.73
-0.71%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 23 November 2020 10:43 am  |  Updated:  Monday 23 November 2020 10:50 am

Astrazeneca and University of Oxford vaccine 70 per cent effective

By: Poppy Wood

Add as a preferred source on Google

 

The vaccine being developed by Astrazeneca and the University of Oxford is around 70 per cent effective in protecting against coronavirus, late-stage trials have shown.

Researchers announced the vaccine proved an average of 70 per cent effective in more than 20,000 volunteers from across the UK and Brazil. 

There were 30 cases of Covid in people who had two doses of the vaccine and 101 cases in people who received a placebo.

Effectiveness rose to 90 per cent in a group of volunteers who were given an initial half dose followed by a full dose later on, though the reason for the difference is not yet clear. 

Sarah Gilbert, professor of vaccinology at the University of Oxford, said: “The announcement today takes us another step closer to the time when we can use vaccines to bring an end to the devastation caused by [Covid-19].

“We will continue to work to provide the detailed information to regulators. It has been a privilege to be part of this multi-national effort which will reap benefits for the whole world.”

Although the result is another welcome boost in the hopes for a return to normality next year, the efficacy rate lacked the dazzle than that of Pfizer’s and Moderna’s vaccines, which both proved 95 per cent effective in phase three trials.

Astrazeneca shares slipped 1.2 per cent to 8,220p on the news.

However, the Astrazeneca vaccine is far cheaper, easier to store and more transportable than the other two vaccines.

It can be kept at refrigerator temperature, unlike the drugs from Pfizer and Moderna which have to be stored frozen.

The UK government has ordered 100m doses of the Astrazeneca — enough to vaccinate 50m people, almost the entire British population.

The UK’s order sheet for the Astrazeneca vaccine makes up more than double that of the Pfizer vaccine and 20 times more than the Moderna vaccine.

Read more

ILiAD Biotechnologies Expands Board of Directors and Appoints Chief Business Officer

Four million doses are “ready to go”, the company has announced, with another 96m set to be delivered. The vaccine must still pass safety tests before it can be rolled out to the UK population.

In a statement, Professor Andrew Pollard, director of the Oxford Vaccine Group and chief investigator of the Oxford Vaccine Trial, said: “These findings show that we have an effective vaccine that will save many lives. Excitingly, we’ve found that one of our dosing regimens may be around 90 per cent effective and if this dosing regime is used, more people could be vaccinated with planned vaccine supply.

“Today’s announcement is only possible thanks to the many volunteers in our trial, and the hard working and talented team of researchers based around the world.”

Health secretary Matt Hancock said the results were “fantastic news”.

“We’ve got 100m doses on order and should all that go well, the bulk of the rollout will be in the New Year.”

Business secretary Alok Sharma added that the results of an interim analysis of the University of Oxford and AstraZeneca’s coronavirus vaccine candidate were “very promising”.

He tweeted: “Very promising data from the Oxford/AstraZeneca Phase III clinical trials. We are on the cusp of a huge scientific breakthrough that could protect millions of lives. The UK has secured early access to 100m doses of their vaccine – on top of 255m doses from other developers.”

Health secretary Matt Hancock on Friday said the NHS will be ready to start rolling out the vaccine by the start of next month.

“If the regulator approves a vaccine, we will be ready to start the vaccination next month with the bulk of the rollout in the New Year,” he said at a Downing Street coronavirus briefing.

“We’re heading in the right direction but there is still a long way to go,” Hancock added. “Coronavirus remains a grave danger right now”.

Deputy chief medical office Professor Jonathan Van-Tam said vaccine approval “will happen at the speed of science”.

“[Regarding] certainty about vaccines before Christmas, we do have a certain readout on the Pfizer/Biontech vaccine, which we have contracted to obtain for the British people,” he said.

Read more

Astrazeneca explores $400bn megadeal with US rival 

AstraZeneca building exterior with logo, glass facade, UK flag, and wildflowers in foreground.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Coronavirus

Trending Articles

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • Andy Burnham hints at tax rises in Autumn Budget

  • Brewdog founder James Watt hits out at ‘total silence’ over new venture

  • Lloyds Bank and Halifax users unable to use app in latest outage

  • Economists urge Bank of England to halt bond sales as borrowing costs climb

More from Morning Wire

  • ILiAD Biotechnologies Expands Board of Directors and Appoints Chief Business Officer

    Business Wire
  • Astrazeneca explores $400bn megadeal with US rival 

    Markets
    AstraZeneca building exterior with logo, glass facade, UK flag, and wildflowers in foreground.
  • Astrazeneca share price tumbles on $400bn megamerger talks

    Investing
    Astrazeneca headquarters with logo, reflecting commitment to reduce US medicine prices after Trump administration pressure
  • Astrazeneca and Jaguar Land Rover given power to endorse talented migrants for visas

    Politics
    Jonathan Reynolds addressing the SMMT's annual International Automotive Summit (image courtesy of SMMT)
  • As it happened: UK stocks cool after Astrazeneca drags; Trump and Iran clash over peace talks

    FTSE 100 Live
    Donald Trump speaking at a desk, gesturing with hands, wearing a dark suit and red tie.
  • Grandparents fund university degrees to avoid inheritance tax net

    Personal Finance
    GettyImages 452181854 showing a business conference with diverse professionals engaged in a panel discussion.
  • Nscale doubles London office space as UK staff grows sixfold

    AI
    2024 was a transformational year for GlobalData.
  • ISG Event to Spotlight Strategies for the AI-Driven Autonomous Enterprise

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook