Home Business U.S. indicators settlement with AstraZeneca to develop COVID-19 antibody remedy

U.S. indicators settlement with AstraZeneca to develop COVID-19 antibody remedy

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© Reuters. FILE PHOTO: A take a look at tube labelled with the vaccine is seen in entrance of AstraZeneca emblem on this illustration taken

(Reuters) – U.S. Division of Well being and Human Providers on Friday signed an settlement with AstraZeneca (NYSE:) Plc for improvement and provide of the corporate’s COVID-19 antibody remedy, a cocktail of two monoclonal antibodies – comparable class of medicine that was administered to President Donald Trump.

The company will present practically $486 million to AstraZeneca for 2 Part 3 medical trials in addition to a large-scale manufacturing demonstration venture and provide of AZD7442 doses in the USA.

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