AstraZeneca to supply 500,000 more COVID-19 antibody cocktail to US

In October, the Anglo-Swedish drugmaker and U.S. government agencies had initially agreed for a supply of 200,000 doses. The extension brings potential U.S. supplies of the treatment to 700,000 US doses and the total value of the deal to $726 million.

Reuters
March 16, 2021 / 01:06 PM IST

AstraZeneca Pharma India | The company has received import and market permission in form CT-20 (subsequent new drug approval) from the Drugs Controller General of India for Osimertinib 40mg/80mg film coated tablets (TagrissoTM). The receipt of this permission paves way for the launch of Osimertinib 40mg/80mg film coated tablets into a new disease area in India.


AstraZeneca said on Tuesday it has agreed to supply up to half a million additional doses of its experimental antibody-based COVID-19 combination treatment to the United States for $205 million.


In October, the Anglo-Swedish drugmaker and U.S. government agencies had initially agreed for a supply of 200,000 doses. The extension brings potential U.S. supplies of the treatment to 700,000 US doses and the total value of the deal to $726 million.


The treatment, AZD7442, is a combination of two monoclonal antibodies and has not been approved for use as yet, AstraZeneca said, adding that the new agreement is contingent on an approval by the U.S. Food and Drug Administration.

The company said it does not expect any changes to its 2021 forecasts because of the deal.

Reuters
TAGS: #AstraZeneca #coronavirus #Covid-19 #US #World News
first published: Mar 16, 2021 12:55 pm