AstraZeneca Withdraws Covid-19 Vaccine, Citing Lack of Demand [BNN Bloomberg (Canada)]
BioNTech SE - American Depositary Shares (BNTX)
Company Research
Source: BNN Bloomberg
The marketing authorization for the vaccine, Vaxzevria, in the European Union was withdrawn at the company's request this week as the vaccine is no longer manufactured or supplied, Astra said in a statement. The decision was not related to safety reasons, it said. Astra's vaccine, which was developed with Oxford University, was initially offered on a not-for-profit basis and was seen as a win for Britain, with then-Prime Minister Boris Johnson publicly receiving his first dose. However, the rollout was plagued by concerns about its efficacy and safety, starting with French President Emmanuel Macron calling it “quasi-ineffective” in older adults shortly after it was approved in the EU. The vaccine, which didn't require ultra-cold storage as some of the rival Covid-19 shots did, was seen as a good option to inoculate large portions of the globe. More than 3 billion doses were supplied. After Macron's comments, a bigger blow came when regulators began investigating the vaccine's l
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News
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BNTX
Earnings
- 5/6/24 - Miss
BNTX
Sec Filings
- 5/17/24 - Form 6-K
- 5/6/24 - Form 6-K
- 5/6/24 - Form 6-K
- BNTX's page on the SEC website