Pharma company's CEO hails decision, says vaccine 'effective and well-tolerated'

Anglo-Swedish pharmaceutical giant AstraZeneca on Friday welcomed the European Union regulator's approval of its coronavirus vaccine, although the two groups remain locked in a dispute over its supply.

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"Today's recommendation underscores the value of AstraZeneca's COVID-19 vaccine which is not only effective and well-tolerated, but also easy to administer," said AstraZeneca boss Pascal Soriot.

The European Medicines Agency (EMA) recommended the bloc approve the jab for use on all adults above 18, in contrast to member state Germany, whose vaccines advisory panel advised against its use among the over-65s due to a lack of data.

The vaccine was developed in conjunction with researchers at the University of Oxford. Read more at i24