Developed by the UK’s AstraZeneca (LSE: AZN) in collaboration with scientists at the University of Oxford, Vaxzevria (ChAdOx1-S [Recombinant]) was one of the first COVID-19 vaccines to come on the market, but it has been far less successful than the mega money-spinners such as Pfizer (NYSE: PFE), BioNTech’s (Nasdaq: BNTX) Comirnaty and Moderna’s (Nasdaq: MRNA) Spikevax, not to mention that it has been sold at cost and has never been approved in the vast US market.
Vaxzevria booked sales of just $4 billion in 2021 and $1.6 billion in the first six months of 2022
However, today AstraZeneca announced that Vaxzervria was highly effective at preventing Omicron-related COVID-19 severe outcomes or death when used as a first booster, irrespective of the type of vaccines previously given, with an 89% relative risk reduction.
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