AstraZeneca begins worldwide withdrawal of COVID-19 vaccine

AstraZeneca, a British-Swedish pharmaceutical and biotechnology company, has announced that it is withdrawing its COVID-19 vaccine, Vaxzevria, worldwide.

According to the multinational pharmaceutical company, the vaccine is being withdrawn because it can no longer compete with updated COVID-19 vaccines, which tackle the new variant of the infectious disease.

AstraZeneca, in a statement, maintained the vaccine was no longer being manufactured or supplied because it was superseded by the newly produced vaccines, according to a report by The New Telegraph on Tuesday.