AstraZeneca withdraws COVID-19 vaccine trial application in PH

British pharmaceutical firm AstraZeneca has withdrawn its application for Phase 3 clinical trials of its COVID-19 vaccine in the Philippines.

AstraZeneca indicated that it already had sufficient data to see the efficacy of its vaccine.

However, AstraZeneca may still supply vaccines in the Philippines once it gets a green light from the FDA.

AstraZeneca-Oxford's COVID-19 vaccine has been found 70% effective against COVID-19 at first half dose, but it increases to 90% after the second full dose is administered.

The vaccine's price range is cheaper at $3 to $4 compared with American firms Moderna and Pfizer-BioNTech, whose vaccines cost more due to the requirement of ultra-low freezer storage.

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