8/25/2020, 8:35 AM (Source: TeleTrader)
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AstraZeneca starts COVID-19 treatment trial

AstraZeneca PLC started the first phase of the trial of its COVID-19 treatment candidate, the company revealed on Tuesday.

The study is set to determine the safety and efficacy of AstraZeneca's combination of monoclonal antibodies, a synthetically made protein that mimics the natural antibodies and that could potentially counteract the symptoms of COVID-19 in a similar way that the convalescent plasma does.

If proven successful and safe, the treatment could be used to prevent disease progression in coronavirus patients, as well as a means of prevention for people exposed to the virus itself, the pharmaceutical company stated.

Breaking the News / BU