India Made AstraZeneca's COVID-19 Vaccine Not Eligible For EU Travel, Seeks Resolution: Reuters

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  • Serum Institute of India's (SII) CEO Adar Poonawalla said he was trying to resolve EU travel problems facing Indians inoculated with SII's licensed version of AstraZeneca Plc's AZN COVID-19 vaccine.
  • "I have taken this up at the highest levels and hope to resolve this matter soon, both with regulators and at a diplomatic level with countries," Poonawalla said on Twitter.
  • India's Ministry of External Affairs has raised Covishield's lack of recognition by the European Medicines Agency (EMA).
  • The EMA said the only COVID-19 vaccine from AstraZeneca for which a marketing authorization application had been submitted and evaluated was Vaxzevria.
  • Covishield does not currently have marketing authorization in the EU, even though it may use a similar production technology to Vaxzevria, the agency said.
  • In addition to the AstraZeneca shot in the region, the other EU-recognized vaccines are those made by Moderna Inc MRNAPfizer Inc PFEBioNTech SE BNTX, and Johnson & Johnson JNJ.
  • A European Union vaccine passport program will allow people to travel freely within the bloc from July 1, as long as they have had one of four Western-made vaccines.
  • In April, Reuters reported that the EU was seeking 10 million Covishield doses from SII to meet a shortfall before India halted all exports amid a domestic infection surge. 
  • Price Action: AZN shares are up 1.03% at $59.96 during the market session on the last check Monday.
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