Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

UPDATE 1-AstraZeneca emergency use authorization could come this week -PAHO

Wed, 10th Feb 2021 17:39

(Recasts first paragraph with comment on AstraZeneca, adds
details)

By Julia Symmes Cobb

BOGOTA, Feb 10 (Reuters) - The World Health Organization may
clear AstraZeneca's COVID-19 vaccine for emergency use
as early as this week, a Pan American Health Organization (PAHO)
official said on Wednesday.

"AstraZeneca's vaccine is under evaluation. We expect the
authorization of emergency use to come out Friday or next
Monday," said PAHO Assistant Director Jarbas Barbosa during the
group's weekly briefing.

China's Sinopharm and Sinovac shots may
get pre-qualification or emergency use approval by early March,
Barbosa added.

The WHO is also evaluating Moderna's
shot.

PAHO previously said it is reserving up to 2.4 million doses
of the AstraZeneca vaccine for Venezuela. The country needs to
pay more than $100 million to the COVAX vaccine program to get
access, diplomats familiar with the situation have told Reuters.

Though Venezuela should have made its COVAX payment already,
given the country's "difficult" situation, PAHO is asking COVAX
to be flexible about receiving the funds, Barbosa said.

Though the Americas reported nearly half of all new global
COVID-19 cases over the past week and deaths continue to
escalate, some heavily affected countries like the United States
and Brazil are showing improvement, PAHO director Dr. Carissa
Etienne said during the briefing.

At least three newer, highly transmissible variants of the
virus are present in the region, but PAHO is confident COVID-19
vaccines remain useful, she said.

"Based on the evidence we have now on the variants of
concern, we are confident that our growing portfolio of COVID-19
vaccines remains useful and will guide us through the end of
this pandemic," Etienne said.

"The challenge now remains to ensure these vaccines are
distributed quickly and fairly," she added.

There were nearly 1.6 million new cases in the region and
rising deaths show many health systems remain overwhelmed,
Etienne said.

Central American and Caribbean countries and the Amazonian
tri-border area of Brazil, Colombia and Peru are hubs of rising
cases.
(Reporting by Julia Symmes Cobb
Editing by Chizu Nomiyama and Bill Berkrot)

Related Shares

More News
22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

22 May 2024 02:00

British firms expecting hard time in China market, lobby group warns

BEIJING, May 22 (Reuters) - British firms expect doing business in China to become harder over the next five years, a British business lobby group s...

21 May 2024 19:00

Sector movers: Stocks slip amid light profit-taking

(Sharecast News) - Stocks ended a tad lower as investors waited on a raft of US central bank speakers scheduled for after the close of markets in Lond...

21 May 2024 17:20

Europe's STOXX 600 ends lower as rate uncertainty prevails

Focus on Fed minutes, Nvidia earnings *

21 May 2024 17:04

LONDON MARKET CLOSE: London dips as eyes turn to UK inflation reading

(Alliance News) - Stock prices in London closed in the red on Tuesday, as investors nervously eye a key UK inflation reading, which could prompt the B...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.