InvestorQ : What could be the impact of UK granting emergency authorization to the Pfizer COVID vaccine?
NISHA Nayak made post

What could be the impact of UK granting emergency authorization to the Pfizer COVID vaccine?

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Priyanka N answered.
2 months ago
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United Kingdom became the first western nation to approve a COVID-19 vaccine for emergency use with its regulator clearing the vaccine co-produced by Pfizer and BionTech. The emergency authorisation clears the way for the deployment of the vaccine. Pfizer has already reported 95% effectiveness rate in its clinical trials.

Currently, Pfizer/BionTech, Moderna and AstraZeneca/Oxford are ahead in the race to deliver the Coronavirus vaccines in record time. Pfizer and BionTech have also sought regulatory clearance for their vaccine in the European Union. Pfizer expects approvals from EU and the USFDA before the end of this year.

The UK has already ordered substantial doses of the two-shot Pfizer-BionTech vaccine to immunise 20 million people. The Pfizer-BionTech vaccine candidate raced ahead after delays to the trials of the AstraZeneca-Oxford vaccine due to visible side effects.

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