Expert weighs in after AstraZeneca withdraws COVID-19 vaccine citing low demand

  • 📰 7NewsSydney
  • ⏱ Reading Time:
  • 15 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

News News

News,Coronavirus

7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.

AstraZeneca is withdrawing its highly successful COVID-19 vaccine, citing the availability of a plethora of new shots that led to a decline in demand. The vaccine — called Vaxzevria and developed in partnership with the University of Oxford — has been one of the main COVID-19 vaccines worldwide, with more than three billion doses supplied since the first was administered in the UK on January 4, 2021. But the vaccine has not generated revenue for AstraZeneca since April 2023, the company said.

Thus, they form a key part of most countries’ longer-term strategies.” Vaccine timeline The UK-based pharmaceutical firm, known for its popular cancer drugs, entered the COVID-19 crisis with little experience developing vaccines. And the success of Vaxzevria was far from guaranteed.

News Coronavirus

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AstraZeneca vaccine withdrawn globallyAstraZeneca’s Covid vaccine has been withdrawn globally after admitting it causes adverse side effects.
Source: newscomauHQ - 🏆 9. / 77 Read more »

AstraZeneca admits for first time its COVID vaccine can cause rare side effectLawyers argue the vaccine produced a side effect which has had a devastating effect on a small number of families.
Source: theage - 🏆 8. / 77 Read more »

AstraZeneca admits for first time its COVID vaccine can cause rare side effectLawyers argue the vaccine produced a side effect which has had a devastating effect on a small number of families.
Source: smh - 🏆 6. / 80 Read more »

AstraZeneca admits for first time its COVID vaccine can cause rare side effectLawyers argue the vaccine produced a side effect which has had a devastating effect on a small number of families.
Source: brisbanetimes - 🏆 13. / 67 Read more »

AstraZeneca admits to rare, deadly side effect of COVID jabAstraZeneca has admitted that its COVID-19 vaccine could cause a rare but deadly blood-clotting condition, potentially exposing the UK pharmaceutical giant to tens of millions in lawsuits brought by loved ones of those injured or killed as a result of the jab, according to court documents.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

AstraZeneca COVID jab to be discontinued worldwidePharmaceutical giant AstraZeneca is withdrawing its COVID-19 vaccines worldwide, starting with immediate effect in the European Union before applications are lodged for other countries.
Source: SkyNewsAust - 🏆 7. / 78 Read more »