REG - AstraZeneca PLC - AstraZeneca updates on Flumist vaccine in the US <Origin Href="QuoteRef">AZN.L</Origin>
RNS Number : 0207CAstraZeneca PLC23 June 2016ASTRAZENECA PROVIDES UPDATE ON FLUMIST QUADRIVALENT VACCINE IN THE US FOR THE 2016-17 INFLUENZA SEASON
AstraZeneca today confirmed that the Advisory Committee on Immunization Practices (ACIP) of the Centers for Disease Control and Prevention (CDC) has provided its interim recommendation on the use of FluMist Quadrivalent Live Attenuated Influenza Vaccine (FluMistQuadrivalent) in the US for the 2016-2017 influenza season. The updated guidance states the vaccine should not be used in any setting, based on CDC vaccine effectiveness data from the last three influenza seasons in the US, which indicated FluMistQuadrivalent did not demonstrate statistically significant effectiveness in children 2-17 years of age.
The US CDC effectiveness data for 2015-2016 season contrast with studies by AstraZeneca as well as preliminary independent findings by public health authorities in other countries . These findings demonstrate FluMistQuadrivalent was 46-58% effective overall against the circulating influenza strains during the 2015-2016 season. As influenza vaccine effectiveness varies from season to season, it is evaluated in annual observational studies. The CDC states that when there is a good match between the strains in the vaccine and those that circulate during the influenza season, vaccines are typically 50-60% effective. AstraZenecais working with the CDC to better understand its data to help ensure eligible patients continue to receive the vaccine in future seasons in the US.
The distribution and use of the vaccine in other countries are progressing as planned for the forthcoming influenza season, pending the annual release process from relevant regulatory authorities.
Financial considerations
The US Product Sales of FluMistQuadrivalent in FY 2015 amounted to $206 million. The ACIP's updated recommendation is expected to result in very limited US demand in the second half of 2016 and consequently the Company will take an inventory write-down of approximately $80 million in the second quarter of 2016. The Company maintains its financial guidance for 2016.
About AstraZeneca
AstraZeneca is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialisation of prescription medicines, primarily for the treatment of diseases in three main therapy areas - oncology; respiratory and autoimmunity; and cardiovascular and metabolic disease. We are also active in infection, neuroscience and inflammatory diseases through collaborations with others. AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. For more information please visit: www.astrazeneca.com
About FluMist Quadrivalent Live Attenuated Influenza Vaccine
FluMistQuadrivalent is the only widely available quadrivalent live attenuated influenza vaccine (LAIV), which is administered as a nasal spray and contains four protective strains for the prevention of influenza. FluMistQuadrivalent was originally approved in the US in 2003 and since then more than 116 million doses have been distributed around the world. Global Product Sales of Fluenz/FluMistQuadrivalent in FY 2015 amounted to $290 million.
1UK: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/530756/Influenza_vaccine_effectiveness
_in_primary_care_in_children.pdf2Finland: http://www.nvm2016.is/sites/default/files/Nohynek_NorVac_influenzaLessonsNohynek_short.pdf
3US: http://www.cdc.gov/flu/about/qa/vaccineeffect.htm
CONTACTS
Media Enquiries
Neil Burrows
UK/Global
+44 7824 350541
Vanessa Rhodes
UK/Global
+44 7880 400690
Karen Birmingham
UK/Global
+44 7818 524012
Jacob Lund
Sweden
+46 8553260 20
Michele Meixell
US
+1 302 885 2677
Investor Enquiries
UK
Thomas Kudsk Larsen
+44 7818 524185
Nick Stone
RIA
+44 7717 618834
Henry Wheeler
Oncology
+44 7788 354619
Craig Marks
Finance
+44 7881 615764
Christer Gruvris
ING
+44 7827 836825
US
Lindsey Trickett
CVMD
+1 240 543 7970
Mitchell Chan
Oncology
+1 240 477 3771
Dial / Toll-Free
+1 866 381 7277
Key: RIA - Respiratory, Inflammation and Autoimmunity, CVMD - Cardiovascular and Metabolic Disease, ING - Infection, Neuroscience and Gastrointestinal
23 June 2016
-ENDS-
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCSEASSDFMSEEM
Recent news on AstraZeneca
See all newsRCS - LHH - LHH, EZRA's AI Leadership Transformation Program
AnnouncementREG - AstraZeneca PLC - Baxdrostat met primary endpoint in Bax24 Ph3 trial
AnnouncementREG - AstraZeneca PLC - Datroway improved OS and PFS in TROPION-Breast02
AnnouncementREG - AstraZeneca PLC - Total Voting Rights
AnnouncementREG - AstraZeneca PLC - Enhertu improved IDFS in early BC in DB-05
Announcement