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AstraZeneca, Oxford aim to produce Omicron-targeted vaccine

Stock MarketsDec 21, 2021 06:45PM ET

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AstraZeneca, Oxford aim to produce Omicron-targeted vaccine

© Reuters. FILE PHOTO: A doctor shows vials of AstraZeneca's COVID-19 vaccine in his general practice facility, as the spread of the coronavirus disease (COVID-19) continues, in Vienna, Austria May 13, 2021. REUTERS/Leonhard Foeger

(Reuters) -AstraZeneca Plc said on Tuesday it is working with Oxford University to produce a vaccine for the Omicron coronavirus variant, joining other vaccine-makers who are looking to develop the variant-specific vaccine.

"Together with Oxford University, we have taken preliminary steps in producing an Omicron variant vaccine, in case it is needed and will be informed by emerging data," a spokesperson for the company said in a statement.

Oxford did not immediately respond to a request for comment outside business hours.

The Financial Times first reported the news, citing Sandy Douglas, a research group leader at Oxford.

"Adenovirus-based vaccines (such as that made by Oxford/AstraZeneca) could in principle be used to respond to any new variant more rapidly than some may previously have realised," Douglas told FT.

A lab-study last week found that AstraZeneca (NASDAQ:AZN)'s antibody cocktail Evusheld retained neutralising activity against the Omicron variant.

Vaccine makers Pfizer/BioNTech and Moderna (NASDAQ:MRNA) also previously said they were working on Omicron- specific COVID-19 vaccines. Moderna said hopes to start clinical trials early next year.

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Comments (3)

DrFunkenstein hayson Dec 21, 2021 7:01PM ET

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everyone knows that the pcr test is a fraud right? it's highly inaccurate with many false positive results

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DrFunkenstein hayson Dec 21, 2021 7:00PM ET

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this is a perpetual money making machine for the pharmaceutical companies. new variant new vaccine more money more profits

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Jose Cabreja Dec 21, 2021 6:48PM ET

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🤡🤡🤡🤣

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Maks Mars Dec 21, 2021 6:48PM ET

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Lesko Brandon boogeyman omicron will show very dangerous better you run and start having your first shot of vaccine lol

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