Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

AstraZeneca therapy works against Omicron; results mixed for Regeneron

Published 16/12/2021, 15:54
Updated 16/12/2021, 15:56
© Reuters. FILE PHOTO: The logo for AstraZeneca is seen outside its North America headquarters in Wilmington, Delaware, U.S., March 22, 2021.  REUTERS/Rachel Wisniewski

By Mrinalika Roy and Pushkala Aripaka

(Reuters) - AstraZeneca (NASDAQ:AZN) and Regeneron on Thursday reported contrasting data on the effectiveness of their COVID-19 antibody therapies against the Omicron variant of the coronavirus, underscoring the major challenges ahead for drugmakers.

U.S.-based Regeneron said its REGEN-COV therapy, also called Ronapreve, is less effective against Omicron, though it is still active against the Delta variant, confirming indications from lab tests and computer modelling late last month.

Anglo-Swedish rival AstraZeneca, however, said a lab study found that its antibody cocktail Evusheld retained neutralising activity against Omicron, the first such data for the treatment.

The new variant has been detected in 77 countries since it was first identified three weeks ago, fuelling concerns that its large number of mutations will help it spread faster and evade protection provided by COVID-19 vaccines and therapeutics.

Earlier this week, German researchers found that COVID-19 therapies developed by Eli Lilly (NYSE:LLY) and Regeneron lose most of their effectiveness when exposed in laboratory tests to Omicron.

But lab studies this week showed GSK-Vir's antibody treatment retains neutralizing activity against all tested coronavirus variants, including Omicron.

The study on Evusheld was done by independent investigators of the U.S. Food and Drug Administration using so-called pseudoviruses that feature major coronavirus mutations across suspicious variants that have emerged so far.

ROAD AHEAD

The researchers found the potency of Evusheld was within the ranges seen in those previously infected with COVID-19, showing promise for wide use of the therapy, which is the first preventative shot other than vaccines against the coronavirus.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

AstraZeneca said more analyses of Evusheld against Omicron are being conducted by the company and third parties, with data expected "very soon."

Regeneron said REGEN-COV is still active against Delta, which currently is the most prevalent variant in the United States.

The European Union's public health body, however, warned on Wednesday that there was a "very high" risk Omicron would become dominant in Europe by early next year.

REGEN-COV is currently authorized for use in the United States to treat people with mild-to-moderate COVID-19 and for prevention of infection in those exposed to infected individuals, and others at high risk of exposure.

Evusheld has been granted authorisation to prevent COVID-19 infections in individuals with weak immune systems or a history of severe side-effects from coronavirus vaccines.

Both treatments belong to a class of medicines called monoclonal antibodies which mimic natural antibodies in fighting off infections.

Unlike vaccines, they do not rely on the body to create an immune response, and can therefore help individuals with weak or compromised immune systems.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.