Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Philippines allows use of Sinovac's COVID-19 vaccine for senior citizens

Published 04/07/2021, 07:51 PM
Updated 04/07/2021, 08:00 PM
© Reuters

MANILA, April 7 (Reuters) - Philippine health authorities on
Wednesday allowed the use of Sinovac's SVA.O COVID-19 vaccine
for some senior citizens after initially limiting coverage to
people aged 18-59 years, as the country battles one of Asia's
worst coronavirus outbreaks.
The Department of Health and the Food and Drug
Administration said they made the decision after receiving the
recommendation of the Department of Science and Technology's
vaccine expert panel.
Senior citizens can now receive CoronaVac shots provided
there is stringent evaluation of the person's health status and
exposure risk, they said in a statement.
The Southeast Asian country has seen new daily cases surge,
mostly in the capital Manila, and its inoculation drive is being
hampered by delays in vaccine deliveries.
A total of 922,898 doses of Sinovac and AstraZeneca (NASDAQ:AZN) vaccines
have been administered so far to healthcare workers, senior
citizens, and people with comorbidities, or just a third of the
total local stocks, health ministry data showed.
Last week, the chair of a World Health Organization panel
said Sinovac and another Chinese vaccine maker, Sinopharm, had
presented data indicating levels of efficacy that would be
compatible with those required. The Philippine health authorities said that even though
efficacy data for senior citizens from Phase III trials of the
Sinovac vaccine, known as CoronaVac, was not yet sufficient "the
benefits of using the vaccine for this particular group outweigh
its risks".
The Philippines has also negotiated vaccine supply deals
with other manufacturers, aiming to inoculate up to 70 million
people, or two thirds of its population.

 

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.