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AstraZeneca drug cocktail succeeds in late-stage study to treat COVID-19 By Reuters

(Reuters). -AstraZeneca’s COVID-19 anti-bodies was found to be effective in reducing the death rate in patients who are not hospitalized in a study that concluded on Monday.

The trial’s main objective was met when AZD7442 reduced 50% the chance of severe COVID-19 death in patients who were symptomatic for less than seven days.

“An early intervention with our antibody can give a significant reduction in progression to severe disease, with continued protection for more than six months,” said Mene Pangalos, executive vice president, biopharmaceuticals R&D at AstraZeneca (NASDAQ:).

It stated that the company would discuss these data with healthcare authorities without further explanation.

AstraZeneca has also developed the drug cocktail to treat people who are not immune to COVID-19 vaccinations. The drug was approved by U.S regulators last week for use as prevention drugs.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.