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Wednesday 23rd of March 2022 08:26:03 AM

AstraZeneca therapy to prevent COVID expected to get EMA OK this week - Reuters

AstraZeneca hapabapa/iStock Editorial via Getty Images
  • Evusheld, an antibody therapy from AstraZeneca (AZN +0.5%) for prevention of COVID-19, will likely be authorized by the European Medicines Agency ("EMA") this week, Reuters reports.
  • Evusheld is comprised of tixagevimab co-packaged with cilgavimab. It is intended for individuals whose immune system can't handle a COVID vaccine.
  • The agency's Committee for Medicinal Products for Human Use ("CHMP") is meeting March 21-24 and a discussion of Evusheld is on the agenda.
  • If the CHMP issues a positive opinion, the European Commission will still need to grant final authorization, though that is expected to happen quickly.
  • Evusheld is already authorized in the U.S. and UK.
  • Read why Seeking Alpha contributor Nathan Aisenstadt says AstraZeneca (AZN +0.5%) is a hold.

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