US FDA is set to authorize the Pfizer-BioNTech vaccine for 12-15 years old by early next week – NYT


The New York Times (NYT) relies on anonymous Federal officials while conveying the news that the US Food and Drug Administration (FDA) is preparing to authorize the use of the Pfizer-BioNTech Covid-19 vaccine in adolescents 12 to 15 years old by early next week.

Additional comments…

The authorization could come as early as late this week.

If it is granted, the Centers for Disease Control and Prevention’s (CDC) vaccine advisory panel will likely meet the following day to review the clinical trial data and make recommendations for the vaccine’s use in adolescents.

Moderna expects results soon from its own clinical trial involving adolescents ages 12 to 17, followed by results for children 6 months to 12 years old in the second half of this year.

The nation’s current vaccine supply is substantial. As of Monday, around 65 million doses had been delivered but not administered, including 31 million doses of Pfizer-BioNTech’s vaccine, nearly 25 million doses of Moderna’s, and 10 million doses of Johnson & Johnson’s, according to figures collected by the Centers for Disease Control and Prevention. 

Fx implications

The news should help brighten the market sentiment as Tuesday’s Asian session gets pace. However, an absence of the key regional markets, namely China and Japan, may tame reaction to the upbeat development.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Feed news

Are you new to trading or have been trading for a while and you feel stuck?

Try with us!
Become Premium!
   

Latest Forex News


Latest Forex News

Editors’ Picks

EUR/USD: Fades bounce off 100-SMA below 1.2100

EUR/USD retreats after bouncing off one-week low the previous day. The currency major pair fizzles the previous day’s bounce off 100-SMA below a three-day-old resistance line. Convergence of 50% Fibonacci retracement, 200-SMA becomes the key support.

EUR/USD News

GBP/USD soars above 1.39 amid vaccine optimism, dollar weakness

GBP/USD is trading above 1.39, significantly higher, amid an improving market mood and after UK PM Johnson said the country is on track to fully reopen on June 21. US ISM Manufacturing PMI missed with 60.7 points. 

GBP/USD News

EUR/USD: Fades bounce off 100-SMA below 1.2100

EUR/USD retreats after bouncing off one-week low the previous day. The currency major pair fizzles the previous day’s bounce off 100-SMA below a three-day-old resistance line. Convergence of 50% Fibonacci retracement, 200-SMA becomes the key support.

EUR/USD News

Ethereum price jumps to new all-time highs as eBay is reportedly exploring NFT auctions

Ethereum price has hit a new all-time high of $3,204 amid strong buying pressure in the market. The giant e-commerce platform eBay is reportedly looking into NFT auctions as well as Bitcoin payments. 

Read more

S&P 500 (SPX) Nasdaq (QQQ) Week Ahead: Fed puts bears into hibernation as earnings bull everything up

Another week another set of fresh records for equity markets. There really is no alternative (TINA) continues to dominate the narrative. The Fed on Wednesday kept the inflation fear capped and left the taps open.

Read more

Forex MAJORS

Cryptocurrencies

Signatures