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Home Economy Socio Economic

Covid-19: AstraZeneca resumes final stage trials for its vaccine after initial halt

Chike Olisah by Chike Olisah
September 12, 2020
in Socio Economic
Oxford COVID-19 vaccine
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AstraZeneca Plc and the University of Oxford have resumed the British clinical trials of its Covid-19 vaccine, after the initial suspension over concerns with a participant who fell ill.

University of Oxford, in a statement, said that the UK regulator, Medicines Health Regulatory Authority (MHRA), had recommended a restart of the trials, after an independent review of the safety data triggered a pause on September 6.

It revealed some 18,000 people have received ‘study vaccines’ as part of the trials, but declined to disclose any details about the participant’s illness, for confidentiality reasons.

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AstraZeneca Plc said, “The UK committee has concluded its investigations and recommended to the MHRA that trials in the UK are safe to resume.”

The statements from both AstraZeneca Plc and the University of Oxford did not make any disclosure about the status of tests outside the UK.

Although, the temporary halt was common in vaccine trials, interruption of the closely monitored AstraZeneca and Oxford collaboration, had raised concerns about the viability of the vaccine to tame the coronavirus pandemic.

The CEO of AstraZeneca, Pascal Soriot, disclosed on Thursday, that an independent safety review board was reviewing whether the participant’s illness had been caused by the vaccine or was unrelated.

“We cannot disclose medical information about the illness for reasons of participant confidentiality. We are committed to the safety of our participants, the highest standards of conduct in our studies, and will continue to monitor safety closely,” he said.

The World Health Organization (WHO), which has described the AstraZeneca vaccine as the most promising of all vaccine developments against the Covid-19 pandemic, said that the halt in the final stage trials should serve as a wake-up call, that there would be ups and downs in the development of a vaccine for the virus.


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Tags: AstraZeneca PlcCovid-19 vaccineUniversity of OxfordWorld Health Organization
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

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