News

UK poised to become the first western country to approve a Covid-19 vaccine

So report the Financial Times, saying the drug regulator in the country is set to grant approval within days. (FT may be gated.)  

  • Deliveries of the vaccine developed by BioNTech and Pfizer would begin within hours of the authorisation
  • first injections could take place from December 7.
  • UK has ordered 40m doses of the two-shot product, which preliminary data found to be more than 95 per cent effective in preventing disease

The UK’s Medicines and Healthcare Products Regulatory Agency has the power to temporarily authorise products, in cases of urgent public need, thus bypassing the normal approval required from the European Medicines Agency (what this means is that while the UK is bound by the European agency until the end of the Brexit transition on December 31 the country still has the power to approve apart from the EU approval, with our without Brexit). 

I posted an early leak of approval soon back on Friday, but that was re the Oxford-Astra product. 

For bank trade ideas, check out eFX Plus

Articles You May Like

Major indices close lower after giving up earlier gains
China’s State Planner says there will be no sudden shift in monetary policy in 2021
“DO THIS TO MAKE MONEY THIS WEEK” $$$$$$$
Canada November wholesale trade sales +0.7% vs +1.0% expected
Live Forex Price Action Trading For Intraday Traders || Day Trading System Live || Trade Like A pro

Leave a Reply

Your email address will not be published. Required fields are marked *