Coronavirus live news: EU launches legal action against AstraZeneca; new India cases top 300,000 for fifth day

Posted by on April 26, 2021 8:44 am
Categories: Global Stories

EU launches legal action over vaccine delivery delays; India reports over 350,000 new cases for first time; Greece to lift quarantine restrictions for Australia, Russia and others

1.44pm BST

In a bid to admit more patients in the Philippines’ capital Manila, tents have been turned into Covid-19 emergency rooms at the National Kidney Transplant Institute, a government hospital.

“All in all we waited for almost six hours It’s a long difficult wait,” Covid-19 patient Roel Galan told Reuters, speaking outside a makeshift emergency room.

1.23pm BST

Biotech startup Vaccitech, which owns the technology behind the Covid-19 vaccine developed by AstraZeneca Plc and Oxford University, said on Monday it was aiming for a valuation of up to $613 million in its US initial public offering.

Reuters reports:

The company, which has development programs for conditions including hepatitis B, prostate cancer and non-small cell lung cancer, has raised $216 million to date from Gilead Sciences , Sequoia Capital China and Oxford Sciences Innovation among others.

The UK-based company, spun out of Jenner Institute at the Oxford University in 2016, said it plans to list its American Depositary Shares (ADS) on Nasdaq under the ticker symbol “VACC”.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *