Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

U.S. approval of COVID-19 shots could boost vaccination numbers, Fauci says

Published 07/30/2021, 01:04 PM
Updated 07/30/2021, 08:26 PM
© Reuters. Signs guide the public at a large vaccination and testing site as people with preexisting health conditions are granted access to a vaccination during the outbreak of the coronavirus disease (COVID-19) in Inglewood, California, U.S., March 15, 2021.  REUT

By Michael Erman and Carl O'Donnell

(Reuters) -Top U.S. infectious disease expert Dr. Anthony Fauci said on Friday he hopes regulators as soon as next month could start granting full approval for the COVID-19 vaccines, a move he said could spur unvaccinated Americans to get the shots.

The Pfizer/BioNTech and Moderna (NASDAQ:MRNA) two-dose vaccines and Johnson & Johnson (NYSE:JNJ)'s one-dose shot are currently being administered under emergency use authorization by the U.S. Food and Drug Administration.

Full approval by the FDA could push more Americans to get the COVID-19 vaccine as it might reduce their fears about the safety of the shot and make local officials more comfortable about implementing vaccine mandates, Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to the White House, said in an interview with Reuters.

In addition, formal FDA approval would give physicians the ability to prescribe a third dose of the vaccine to people with weakened immune systems on an off-label basis, Fauci said.

Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) as well as Moderna Inc have filed with the FDA to ask for full approval for their vaccines. Johnson & Johnson Inc has not yet requested full approval for its COVID-19 shot.

"Given what we've been through now and the number of months that have gone by since the (emergency use authorization), I would hope that within the very reasonable period of time in the future we'll see that. I hope as we get into the middle of August that we're almost there," Fauci said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

The FDA said in a statement on Friday that the agency is moving as rapidly as possible on the Pfizer-BioNTech application. The FDA said it had moved personnel and technological resources and prioritized its activities to complete its review given the surge in cases. STAT reported the FDA move earlier on Friday.

More than 163 million people in the United States, or nearly half of the population, have been fully vaccinated against the virus, according to the Centers for Disease Control and Prevention. But vaccination rates remain stubbornly low in some parts of the country, partly because large numbers of people are hesitant to receive the vaccine, CDC data shows.

The spread of the highly contagious coronavirus Delta variant has fueled a new surge in infections, with the CDC reporting rising numbers of cases in nearly 90% of U.S. jurisdictions.

More than 611,000 people have died from COVID-19 in the United States.

"If we get that 100 million people in this country who are eligible to be vaccinated who have not yet gotten vaccinated, that is the answer to the problem," Fauci said. "If we don't get those people vaccinated, you are going to continue to see an acceleration of cases."

The Pfizer/BioNTech vaccine is currently the only one authorized in the U.S. for adolescents between the ages of 12 and 18. Fauci said he expects to start seeing data on how well the vaccines work in kids aged 11 and under "as we get into the fall."

The FDA may require vaccine makers to expand access to the COVID-19 shots to younger kids through the full approval process, rather than the faster emergency use authorization (EUA) process that was used to get the shots cleared in teens and adults, Fauci said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Pfizer said earlier this week it expects to have data from its clinical trials to potentially support an EUA for kids aged 5 to 11 by the end of September. However, data to support a full approval will take longer and is expected by the end of the year.

 

Latest comments

With what 360+ million shots give anyone really think the FDA won't approve the Covid vaccines. Oh wait the uneducated trump supporters will, since they can't comprehend anything.
Dont you love it when politicians get involved to rush the safety tests of a vaccine. I Dont know about you, but im convinced no shortcuts will take place.
Where's ANTIFA now that there's actual fascism occurring?
buying AMC could boost vaccination numbers, Hans says.
Let people make their own decisions and then let the chips fall …
Enjoy your experimental warp speed jab you simps
The democrats will continue this nonsense untill the mid term elections next year.
If you're worried about dying, get the shot. If you're not, don't get it. If you got it, great, leave ppl alone who choose not to. The vaccinated can spread it just the same as the unvaccinated. I bet somebody is mad and thumbs this down
this is a crime against humanity
Genocide
Biden/Kamala during election last year "We will not be getting the vaccine if it comes out under the Trump administration", MSM during election last year "Why rushing a vaccine is a bad idea"....Biden/Kamala/MSM this year "YOU BETTER TAKE THIS EXPERIMENTAL VACCINE THAT IS SUPER DUPER SAFE AND EFFECTIVE OR YOU ARE AN EVIL TRUMP SUPPORTER...ALSO, KEEP WEARING A MASK AND NEVER LEAVE YOUR HOME EVEN AFTER TAKING THE SUPER DUPER SAFE AND EFFECTIVE VACCINE"
The issue is not the FDA at this point, it is that people like Fauci have been wrong about just about everything since the start of this and people distrust propaganda. Nothing that they are saying makes any logical sense from a public health or legal perspective. Since COVID vaccines do not prevent you from getting/spreading the virus, how do these mandates make sense to anybody? Why should there only be mandatory testing for unvaccinated people if vaccinated people are also spreading the virus? Even within the White House, there was a spreads of the virus from vaccinated people due to the Texas Democrats and Nancy Pelosi's office just in the past couple of weeks. Every other vaccine that is mandated, such as in public schools for children, is because it is the type of vaccine that prevents people from spreading the virus (ie once vaccinated, you do not spread the virus even if you are exposed to it). COVID vaccines are not that type of vaccine, they are simply for symptomatic relief.
Further, the government has given COVID manufactureres legal immunity. I can see why many people are already contacting lawyers regarding these mandates, doubt they are legal. There is no precedence of this for this type of vaccine. There are a massive number of adverse events and deaths already reported in the VAERS system related to COVID-19 vaccines, more than every other vaccine in the system combined.
Covid is a distraction now. Look elsewhere when the media wants you to look here
The irony of having Fauci in charge is that he is responsible for funding the Wuhan Lab gain of function experiments. In Congress testimony Dr Fauci could not say at what percentage of infections things can go back to normal as if he did not want that, as if Fauci and his partners are enjoying and maximizing this crisis they helped create to the fullest.
  you can have my shot and all the booster shots every 6 month that they will pump you with. People with natural imunity and healthy lifestyle dont need any of those shots so just you know and they are not scared to die.
 Nice copy and paste, keep working for the CCP
you need to do some research buddy. More infections, but Less people are actually dying now.
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.