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Stock impact report

AstraZeneca to withdraw Covid-19 vaccine globally [Yahoo! Finance]

AstraZeneca PLC - American Depositary Shares (AZN) 
Last astrazeneca plc - american depositary shares earnings: 2/5 04:00 pm Check Earnings Report
US:NYSE Investor Relations: astrazeneca.com/investor-relations.html
Company Research Source: Yahoo! Finance
The European Medicines Agency (EMA) issued a notice announcing that the vaccine is no longer authorised for use and that its authorisation had been withdrawn at the request of the marketing authorisation holder. The new development follows the company's voluntary withdrawal of its marketing authorisation for the vaccine in the European Union in March 2024. The decision aligns with AstraZeneca's statement, as quoted by the Telegraph , that the availability of newer vaccines adapted to target Covid-19 variants, has decreased the demand for Vaxzevria. AstraZeneca highlighted the vaccine's impact, stating, “according to independent estimates, over 6.5 million lives were saved in the first year of use alone and over three billion doses were supplied globally.” The company emphasised its role in addressing the global pandemic and expressed its intention to collaborate with regulators and partners to finalise this phase of its contribution. Countries such as Australia already ceas Show less Read more
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