The world well-known pharmaceutical firm AstraZeneca has withdrawn its covid vaccine from the market. The corporate says it has halted manufacturing of the vaccine on account of an unprecedented drop in demand. The arrival of different corporations’ vaccines out there has had a extreme detrimental affect on demand.
AstraZeneca says there are a number of new vaccines in the marketplace. With the arrival of recent variants of Covid, the market can also be flooded with vaccines. In such a scenario, the demand has been affected quickly.
AstraZeneca withdrew its European license for the vaccine in March. On Might 7, the European Medicines Company mentioned in a press release that AstraZeneca’s covid vaccine license has been revoked, and the vaccine can now not be administered.
The corporate has stopped making and supplying any extra covid vaccines. Based on the corporate’s assertion, it was doable to avoid wasting 6.5 million lives with the applying of the Covid vaccine within the first 12 months. After that, kind of 3 billion covid vaccines have been offered worldwide.