Benzinga | Oct 11, 2021 01:33PM EDT

AstraZeneca's COVID-19 Therapy Hits Goal In Phase 3 Trial

AstraZeneca Plc (NASDAQ:AZN) released top-line data from the TACKLE Phase 3 trial in which its experimental COVID-19 drug has helped cut the risk of severe disease or death in a late-stage study.

The drug, a cocktail of two antibodies called AZD7442, reduced the risk of severe COVID-19 or death by 50% in non-hospitalized patients who have had symptoms for seven days or less, meeting the primary goal of the study.

Having enrolled more than 800 non-hospitalized patients with mild to moderate symptomatic COVID-19, investigators saw 18 cases of severe disease or death in the AZD7442 arm compared to 37 in the placebo cohort.

Related: AstraZeneca Seeks Emergency Use Nod For COVID-19 Drug To Prevent Infection

It is designed to protect people who do not have a strong enough immune response to vaccines. "These positive results show that a convenient intramuscular dose of AZD7442 could play an important role in helping combat this devastating pandemic," said Hugh Montgomery, the trial's principal investigator.

Other antibody cocktail treatments for COVID-19 have shown varying degrees of success. Regeneron Pharmaceuticals Inc's(NASDAQ:REGN) therapy showed 72% protection against symptomatic infection in the first week and 93% after that.

GlaxoSmithKline plc (NYSE:GSK) - Vir Biotechnology Inc's (NASDAQ:VIR) showed a 79% reduction in the risk of hospitalization or death due to any cause. Eli Lilly And Co's (NYSE:LLY) therapy showed a 70% reduction in viral load at day seven compared to a placebo.

Price Action: AZN shares are up 0.58% at $60.96 during the market session on Monday's last check.

Photo by Thomas Breher from Pixabay