AstraZeneca Pharma share price jumps 11% on WHO approval for emergency use of COVID-19 vaccines

The AstraZeneca Pharma share touched its 52-week high of Rs 4,970 and 52-week low Rs 1,888 on 08 September, 2020 and 23 March, 2020, respectively.

February 16, 2021 / 09:25 AM IST
 
 
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AstraZeneca Pharma share price added 11 percent in the early trade on February 16 a day after the company received World Health Organization's (WHO) approval for emergency use of COVID-19 vaccines.

The WHO gave emergency use approval to AstraZeneca's Covid-19 vaccines on February 15, allowing distribution to some of the world's poorest countries to begin.

"The WHO today listed two versions of the AstraZeneca-Oxford Covid-19 vaccine for emergency use, giving the green light for these vaccines to be rolled out globally through Covax," a WHO statement said, referring to the programme aimed at equitable distribution of doses.

Also Read - WHO gives emergency use approval to AstraZeneca's COVID-19 vaccines

The two versions given the seal of approval are being produced by the Serum Institute of India (SII), and in South Korea.

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The UN health agency's emergency use listing procedure assesses the quality, safety and efficacy of Covid-19 vaccines and is a prerequisite for vaccines in the Covax facility.

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At 09:17 hrs AstraZeneca Pharma was quoting at Rs 3,869.95, up Rs 239.20, or 6.59 percent on the BSE.

The share touched its 52-week high of Rs 4,970 and 52-week low Rs 1,888 on 08 September, 2020 and 23 March, 2020, respectively.

Currently, it is trading 22.13 percent below its 52-week high and 104.98 percent above its 52-week low.
Moneycontrol News
first published: Feb 16, 2021 09:25 am

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