Tue, 21-Oct-2025

Covid vaccine maker AstraZeneca says 2021 profit falls

astrazeneca vaccine

LONDON: British Covid vaccine maker AstraZeneca said on Thursday that the net profit collapsed last year, hit by the vast takeover of US biotech firm Alexion and other charges, despite surging revenues. Profit after tax slumped to just $112 million (98 million euros) compared with $3.2 billion in 2020, the pharmaceutical company said in a statement. … Read more

Moderna begins trial of Omicron-specific vaccine booster

moderna

WASHINGTON: US biotech company Moderna announced on Wednesday that it has begun clinical trials of a booster dose of vaccine designed specifically to combat the Omicron variant of the coronavirus. The trials will involve a total of 600 adults — half of whom have already received two doses of Moderna’s Covid-19 vaccine at least six months ago, … Read more