• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Health

COVID-19 vaccine still on track for later this year despite trial pause, AstraZeneca CEO says

Jeremy Kahn
By
Jeremy Kahn
Jeremy Kahn
Editor, AI
Down Arrow Button Icon
Jeremy Kahn
By
Jeremy Kahn
Jeremy Kahn
Editor, AI
Down Arrow Button Icon
September 10, 2020, 6:35 AM ET

AstraZeneca’s COVID-19 vaccine is still on track to be ready for approval by the end of the year, despite a pause in clinical trials, the result of one volunteer in the testing program developing a serious medical condition, the company’s chief executive said Thursday.

Pascal Soriot, AstraZeneca’s CEO, said that if the trial is allowed to resume shortly, the company should still be ready to submit its vaccine to regulators for approval by year’s end, with widespread distribution beginning in the early part of 2021.

“It depends on the outcome of the review,” he said. “If the review allows us to restart, I think we are on track to have a set of data to submit [to regulators] before the end of the year,” he said.

AstraZeneca, which is developing a vaccine with researchers from the University of Oxford, is considered a front-runner in the race to deliver a COVID-19 inoculation that could help bring the global coronavirus pandemic to an end. The vaccine is currently undergoing late-stage human testing in the U.S., the U.K., Brazil, India, and South Africa.

But the pause in clinical trials may mean other companies are able to get their vaccine candidates approved first. Pfizer CEO Albert Bourla told Fortune on Wednesday that he remains optimistic there will be enough clinical trial data to know if the vaccine his company is developing is effective by the end of October.

Another vaccine, from the U.S. biotech company Moderna, is also undergoing large-scale clinical trials in the U.S., and may be ready for possible regulatory approval this year.

It is likely that several different vaccines will be necessary to immunize billions of people around the world.

Soriot, speaking at an event hosted by British publication Tortoise Media, said he had little insight into whether the trial would be cleared to resume, or how long the pause would last. Those decisions rest with an independent review board—made up of experts from different disciplines—that is investigating whether a serious medical condition experienced by one of the trial participants in the U.K. is likely linked to the vaccination.

“I do realize that people have lots of questions, and believe me I would like to have answers,” Soriot said. “But we have to be patient, and we have to do the right thing and follow the process.”

He said tests are being carried out to determine exactly why the person became ill. Several news organizations, citing people familiar with the case, reported that the person has a suspected case of transverse myelitis, an inflammation of the spinal cord that can be caused by an overactive immune response resulting from a vaccination.

Not the first time

Soriot said this diagnosis has not been confirmed. The company said Wednesday that the vaccine trials had also been paused once before, earlier in the summer, after one of the trial volunteers developed neurological symptoms. These were determined to be related to an undiagnosed case of multiple sclerosis unrelated to the vaccination, and the trials were allowed to resume, the company said.

The CEO said such testing pauses were the norm, not the exception, in clinical trials. He said this was especially true for vaccines, which are tested on healthy people, and therefore have a higher safety threshold for adverse side effects than medicines that are designed to treat people who are already ill.

Soriot said that if the trial is allowed to resume, there should be enough data soon to know if the vaccine is effective. “The answer will only come as the trials continue,” he said. “Does it protect people for a period of time? We should know that before the end of the year.”

He also said that even if AstraZeneca’s vaccine is approved this year, it would take time to distribute enough doses to vaccinate the entire world’s population. “Yes, I think we could still have a vaccine [by the start of 2021], but…we won’t have a lot of vaccine, of course, because you then have to scale up the manufacturing and distribution,” he said.

He said this was true despite AstraZeneca’s producing hundreds of millions of doses of the vaccine in parallel with the ongoing late-stage clinical trials.

Lives over profits

Various governments and international funding bodies have given AstraZeneca billions of dollars to fund this effort. The company has committed to not profiting from the vaccine until the coronavirus pandemic has been declared over.

Soriot bristled at suggestions AstraZeneca had not been transparent in not announcing the current clinical trial pause. The pause only became public because the health news site Stat broke the story on Tuesday. “When you conduct a clinical trial, you inform the regulators,” he said. “You don’t make big announcements in the press. This is a scientific process. You don’t hide anything, but you work with professionals—people with expertise.” He said as soon as the clinical trial was paused Oxford and AstraZeneca informed the appropriate government regulatory agencies in each country where trials were taking place.

He also defended rules that protect pharmaceutical companies from legal liability related to their development of a COVID-19 vaccine. Under U.S. law, companies working on a vaccine in response to a pandemic have immunity from lawsuits. In Europe, various governments have indemnified the companies against any legal costs.

Soriot said that in a pandemic, when billions of people are going to receive a vaccine, such rules were necessary to protect companies from being swamped with potentially frivolous lawsuits. “Otherwise no one would ever develop a vaccine,” he said.

About the Author
Jeremy Kahn
By Jeremy KahnEditor, AI
LinkedIn iconTwitter icon

Jeremy Kahn is the AI editor at Fortune, spearheading the publication's coverage of artificial intelligence. He also co-authors Eye on AI, Fortune’s flagship AI newsletter.

See full bioRight Arrow Button Icon

Latest in Health

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Health

drinks
CommentaryFood and drink
We need a new way of thinking about drinking: Time to replace the ‘standard drink’ with advice people can actually use
By Justin KissingerMay 2, 2026
2 hours ago
Simple App Review (2026): Expert Tested and Reviewed
Healthmeal delivery
Simple App Review (2026): Expert Tested and Reviewed
By Emily PharesApril 30, 2026
2 days ago
Premium card perks are ‘designed to create a win-win-win for everyone’ but customers are paying with heavy annual fees and data
Personal FinancePersonal Finance Evergreen
Premium card perks are ‘designed to create a win-win-win for everyone’ but customers are paying with heavy annual fees and data
By Catherina GioinoApril 30, 2026
2 days ago
hoskins
Commentaryoffices
Gensler Co-Chair: Hot-desking was supposed to save money. It may be costing you your culture
By Diane HoskinsApril 30, 2026
2 days ago
raw milk
Politicsmilk
Risk of paralysis, bacteria, even death is no match for Americans’ thirst for raw milk
By Laura Ungar, Jonel Aleccia and The Associated PressApril 29, 2026
3 days ago
The Best Protein Shakes of 2026: Tasted and Approved by Nutrition Experts
HealthDietary Supplements
The Best Protein Shakes of 2026: Tasted and Approved by Nutrition Experts
By Christina SnyderApril 29, 2026
3 days ago

Most Popular

Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
Personal Finance
Scott Bessent on financial literacy: 'it drives me crazy' to see young men in blue-collar construction jobs playing the lottery
By Fatima Hussein and The Associated PressMay 1, 2026
22 hours ago
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
North America
China dominates the world's lithium supply. The U.S. just found 328 years' worth in its own backyard
By Jake AngeloApril 30, 2026
2 days ago
The U.S. economy is booming — just not where 50 million Americans live
Commentary
The U.S. economy is booming — just not where 50 million Americans live
By Derek KilmerMay 1, 2026
1 day ago
Current price of oil as of May 1, 2026
Personal Finance
Current price of oil as of May 1, 2026
By Joseph HostetlerMay 1, 2026
22 hours ago
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
Success
Apple cofounder Ronald Wayne—whose stake would be worth up to $400 billion had he not sold it in 1976—says that at 91, he has no regrets
By Preston ForeApril 27, 2026
5 days ago
A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese
Law
A Chick-fil-A worker got fired and then showed up behind the register to allegedly refund himself over $80,000 in mac and cheese
By Catherina GioinoMay 1, 2026
17 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.