fbpx

AstraZeneca Applies for European Clearance of Covid-19 Vaccine

AstraZeneca Applies for European Clearance of Covid-19 Vaccine

LONDON— AstraZeneca PLC has applied for emergency-use authorization in Europe of the Covid-19 vaccine it developed with the University of Oxford, a st

U.S. Home Sales Rise to New 14-Year High
New Zealand central bank says data system hacked
Startup Pushes Picture-in-Picture Ads for Streaming TV

LONDON— AstraZeneca PLC has applied for emergency-use authorization in Europe of the Covid-19 vaccine it developed with the University of Oxford, a step toward the rollout of more shots across the region as infections and hospitalizations rise.

The European Union’s drug regulator said Tuesday it could authorize the vaccine as soon as Jan. 29 after completing a review of clinical-trial data. The European Medicines Agency’s key scientific committee will meet that day after additional analysis of the trial results and safety and manufacturing data. Any recommendation to green light the vaccine would likely be formalized by the European Commission within a day or two.

That timeline eventually could add 400 million doses to Europe’s vaccine arsenal as the region battles a deadly winter surge of the virus, exacerbated by the spread of a variant first discovered in the U.K. The EU has preordered 300 million doses of the Oxford-AstraZeneca vaccine, with an option for 100 million more.

Last week, Europe cleared a vaccine developed by Moderna Inc. for emergency use, giving the region a second Covid-19 shot. The bloc is struggling to distribute the doses it has, after authorizing a vaccine from Pfizer Inc. and German partner BioNTech SE in December.

Distribution across 27 member states has been hurt by logistical bottlenecks and challenges with ultracold storage requirements that complicate widespread distribution. Some governments in Europe early on were expecting the Oxford-AstraZeneca vaccine to be first to market, leaving them unprepared for the freezer logistics of the Pfizer-BioNTech shot, resulting in slow, uneven rollouts.

This post first appeared on wsj.com

Do You Enjoy This Article?
Sign up for our newsletter and receive FREE access to download SuccessDigest Digital Weekly Edition for attainment of your financial freedom in the new digital economy!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.

COMMENTS

WORDPRESS: 0
DISQUS:
%d bloggers like this: