AstraZeneca (AZN) Stock News: Vaccine reduces virus spread with delay between doses

Ivan Brian FXStreet

The AstraZeneca vaccine reduces Covid-19 virus spread and delaying the second dose is found to be effective according to a new study published by Oxford researchers. The investigation found the AstraZeneca vaccine was 76% effective at preventing infection for three months after the first dose. Oxford researchers also found that delaying the administration of the second dose increased the efficacy rate of the AstraZeneca vaccine.

Additional takeaways

Researchers also found that after the first dose of the vaccine there was a 67% reduction in the onward transmission of the Covid-19 virus. The study is not yet peer-reviewed.

Earlier on Wednesday Reuters reported that Oxford Vaccine Group Chief Pollard said Autumn was the timeline for having new vaccines against new Covid-19 variants.

Market reaction

AstraZeneca shares are trading 0.3% higher on Wednesday's pre-market at $50.18.

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Author

Ivan Brian

FXStreet

Ivan Brian started his career with AIB Bank in corporate finance and then worked for seven years at Baxter. He started as a macro analyst before becoming Head of Research and then CFO.

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