AstraZeneca said on Tuesday it had initiated the worldwide withdrawal of its COVID-19 vaccine due to a "surplus of available updated vaccines" since the pandemic.
The company also said it would proceed to withdraw the vaccine Vaxzevria's marketing authorizations within Europe.
"As multiple, variant COVID-19 vaccines have since been developed there is a surplus of available updated vaccines," the company said, adding that this had led to a decline in demand for Vaxzevria, which is no longer being manufactured or supplied.
According to media reports, the Anglo-Swedish drugmaker has previously admitted in court documents that the vaccine causes side-effects such as blood clots and low blood platelet counts.
The firm's application to withdraw the vaccine was made on March 5 and came into effect on May 7, according to the Telegraph, which first reported the development.
London-listed AstraZeneca began moving into respiratory syncytial virus vaccines and obesity drugs through several deals last year after a slowdown in growth as COVID-19 medicine sales declined.
(Reporting by Urvi Dugar, Maria Ponnezhath and Gursimran Kaur in Bengaluru; Editing by Pooja Desai)
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Ontario Premier Doug Ford suggested immigrants are to blame for the shooting of an empty Jewish school in Toronto over the weekend, despite police saying they have little information on the suspects.
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The Israeli military has confirmed that its forces are operating in central parts of Rafah in its expanding offensive in the southern Gaza city.
North Korean leader Kim Jong Un supervised drills involving the firing of nuclear-capable multiple rocket launchers to show the country’s ability to carry out a preemptive attack on rival South Korea, state media reported Friday.
An Idaho man was convicted Thursday of killing his wife and his new girlfriend's two youngest kids in a strange triple murder case that included claims of apocalyptic prophesies, zombie children and illicit affairs.
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The U.S. Department of Labor on Thursday sued South Korean auto giant Hyundai Motor Co., an auto parts plant and a labour recruiter over illegal use of child labour in Alabama.
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