AstraZeneca could profit from Covid-19 vaccine as early as July, says report | Malay Mail

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LONDON, Oct 8 ― AstraZeneca could start profiting from its Covid-19 vaccine as soon as July next year, the Financial Times (FT) reported yesterday, citing a memo showing the British drugmaker can declare when it considers the pandemic to have ended. The London-listed firm previously said it would...

Thursday, 08 Oct 2020 10:50 AM MYT

LONDON, Oct 8 ― AstraZeneca could start profiting from its Covid-19 vaccine as soon as July next year, the reported yesterday, citing a memo showing the British drugmaker can declare when it considers the pandemic to have ended. AstraZeneca, which developed the vaccine with Oxford University, signed multiple supply-and-manufacture deals for more than 3 billion doses globally, although details on the terms have been scant.

“From the outset, AstraZeneca's approach has been to treat the development of the vaccine as a response to a global public health emergency, not a commercial opportunity,” the drugmaker said in a statement today.

 

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