OAN’s Brooke Mallory
2:51 PM – Thursday, May 9, 2024
The UK-based pharmaceutical company AstraZeneca announced on Wednesday that it would be withdrawing its COVID-19 vaccine, allegedly due to “decreased demand.”
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AstraZeneca is currently the sixth largest pharma company in the world, companiesmarketcap.com reported.
According to a statement from an AstraZeneca representative, demand for AstraZeneca’s Vaxzevria vaccine started to decline when “new vaccinations catered to particular COVID variations” surfaced on the market.
“As multiple, variant COVID-19 vaccines have since been developed, there is a surplus of available updated vaccines. This has led to a decline in demand for Vaxzervria, which is no longer being manufactured or…