AstraZeneca PLC - Cambridge, England-based pharmaceutical firm - Reports that the US Food & Drug Administration withdrew its authorisation for the emergency use of Evusheld, a medicine used to prevent Covid-19 in adults and adolescents, for the emergency use for pre-exposure prophylaxis of Covid-19 in the US. Says that the FDA will make a determination about reinstating authorisation of Evusheld if the national prevalence of resistant variants decreases to 90%. Explains that the withdrawal is due the sustained high frequency of circulating SARS-CoV-2 variants that Evusheld does not retain in vitro neutralisation against.

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