Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

Pfizer, BioNTech to seek authorization for COVID booster shot as Delta variant spreads

Published 07/08/2021, 05:13 PM
Updated 07/09/2021, 09:03 AM
© Reuters. FILE PHOTO: Syringe and vial are seen in front of displayed new Pfizer logo in this illustration taken, June 24, 2021. REUTERS/Dado Ruvic

By Michael Erman and Julie Steenhuysen

NEW YORK (Reuters) -Pfizer and partner BioNTech plan to ask U.S. and European regulators within weeks to authorize a booster dose of its COVID-19 vaccine, based on evidence of greater risk of infection six months after inoculation and the spread of the highly contagious Delta variant.

The U.S. Food and Drug Administration (FDA) and the Centers for Disease Control and Prevention (CDC) said, however, in a joint statement that Americans who have been fully vaccinated do not need a booster COVID-19 shot at this time.

The European Medicines Agency (EMA) said it was too early to determine whether more than the two shots that are currently required would be called for, saying it was confident for now that the established regimen was sufficient.

Some scientists have also questioned the need for booster shots.

Pfizer (NYSE:PFE)'s chief scientific officer, Mikael Dolsten, said the recently reported dip in the vaccine's effectiveness in Israel was mostly due to infections in people who had been vaccinated in January or February. The country's health ministry said vaccine effectiveness in preventing both infection and symptomatic disease fell to 64% in June.

"The Pfizer vaccine is highly active against the Delta variant," Dolsten said in an interview. But after six months, he said, "there likely is the risk of reinfection as antibodies, as predicted, wane." Data would be submitted to the FDA within the next month, he added.

Pfizer did not release the full set of Israeli data on Thursday, but said it would be published soon.

"It's a small data set, but I think the trend is accurate: Six months out, given that Delta is the most contagious variant we have seen, it can cause infections and mild disease," Dolsten said.

The FDA and CDC, in their joint statement, said: "We are prepared for booster doses if and when the science demonstrates that they are needed."

Pfizer's own data from the United States showed an erosion of the vaccine's efficacy to the mid-80s after six months, Dolsten said, against the variants circulating there in the spring.

He stressed that data from Israel and Britain suggests that even with waning antibody levels, the vaccine remains around 95% effective against severe disease.

The vaccine, initially devised by Germany's BioNTech, showed 95% efficacy in preventing symptomatic COVID-19 in a clinical trial the companies ran last year.


Dolsten said early data from the company's own studies shows that a third booster dose generates antibody levels that are five-to-10-fold higher than after the second dose, suggesting that a third dose will offer promising protection.

He said multiple countries in Europe and elsewhere have already approached Pfizer to discuss booster doses, and some may begin administering them before a potential U.S. authorization.

Dolsten said he believes booster shots are particularly important in older age groups.

Dr. Eric Topol, a professor of molecular medicine and director of the Scripps Research Translational Institute in La Jolla, California, said basing the decision on waning antibody protection ignores the role of important other parts of the immune response, including memory B cells, which can make antibodies on demand when challenged by the virus.

"You need better studies to be able to assert that. It isn't just neutralizing antibodies," Topol said.

European watchdog EMA stressed that available vaccines appeared to work well provided that the two-shot course, required for all but Johnson & Johnson (NYSE:JNJ)'s product, is completed.

"It seems that the four vaccines authorised in the EU protect against all the strains that are circulating in the EU including the delta variant," it said in a statement.

Pfizer has previously said people will likely need a booster dose, though some scientists have questioned when, or whether, boosters will be needed.

BioNTech has previously argued that while antibodies are the body's main weapon against an initial infection, the cellular immune response mainly shields against the disease breaking out and worsening.

Pfizer plans to launch soon a placebo-controlled efficacy trial of the booster with 10,000 participants. The study will run throughout the fall, Dolsten said, meaning it will not be completed ahead of the company's filing with the FDA.

European governments have braced for the possibility of repeat shots. Britain in April moved to buy 60 million more doses of the Pfizer vaccine ahead of a possible booster programme later this year, bringing its total order to 100 million doses.

The EU in May signed a new contract to receive 1.8 billion doses of the vaccine for 2021-2023, to cover booster shots and donations.

Dr. William Schaffner, a vaccine expert at Vanderbilt University Medical Center, said even if Pfizer succeeds in getting its booster authorized by the FDA, it would still need to be recommended by advisers to the CDC.

Schaffner added that most of the public health bandwidth in the United States is still focused on encouraging Americans to get their first and second doses of the vaccine.

Because boosters would drive increasing demand for vaccines while much of the world is still unvaccinated, Dolsten said Pfizer is looking at ways to increase production.

It is already targeting production of 3 billion doses this year and 4 billion shots next year. Dolsten declined to give a forecast of exactly how many more doses the company could add.

Pfizer and BioNTech said they had designed a new version of the vaccine targeting the Delta variant with a clinical trial likely to begin in August, but added the current vaccine version had "the potential" to protect against the variant.

© Reuters. FILE PHOTO: Syringe and vial are seen in front of displayed new Pfizer logo in this illustration taken, June 24, 2021. REUTERS/Dado Ruvic

Pfizer expects the COVID-19 vaccine to be a major revenue contributor for years and has forecast sales of $26 billion from the shot in 2021. BioNTech said in May that vaccine supply deals for this year so far are worth 12.4 billion euros in revenues that accrue to it, with more contracts on the cards.

Global spending on COVID-19 vaccines and booster shots could total $157 billion through 2025, according to U.S. health data firm IQVIA Holdings (NYSE:IQV).

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.