European Regulator Grants Complete Approval To AstraZeneca's COVID-19 Vaccine

Loading...
Loading...
  • The European Medicines Agency (EMA) has granted full Marketing Authorisation to AstraZeneca Plc's AZN COVID-19 vaccine, Vaxzevria (ChAdOx1-S [Recombinant]).
  • Vaxzevria was initially granted a conditional Marketing Authorisation due to the urgency of the COVID-19 pandemic. As there continues to be sufficient evidence of safety and efficacy confirming the benefits of Vaxzevria, the EMA has now granted full approval. 
  • The approval covers the use of Vaxzevria in both a primary vaccination series and as both a heterologous (with an approved mRNA COVID-19 vaccine) or homologous (all the same vaccine) third-dose booster.
  • Related: AstraZeneca-Oxford University Partnered Nasal COVID-19 Vaccine Flunks Human Trial.
  • Vaxzevria has been demonstrated to be effective against all forms of COVID-19, from mild symptomatic to severe disease, including hospitalization and death, according to clinical studies and real-world evidence. 
  • These include an expert review of data from 52 real-world studies that showed that Vaxzevria and the available mRNA COVID-19 vaccines provide equally effective protection against hospitalization and death from COVID-19 following three doses.
  • There is also a substantial body of evidence supporting boosting with Vaxzevria following all primary vaccination schedules tested to date.
  • Price Action: AZN shares are up 1.82% at $59.88 during the premarket session on the last check Tuesday.
  • Photo by Paul McManus from Pixabay
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: BiotechLarge CapNewsHealth CarePre-Market OutlookMoversTrading IdeasGeneralBriefsCOVID-19 CoronavirusCOVID-19 Vaccinewhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...