COVID-19
EU adds severe allergies as side effect of Novavax Covid-19 vaccine
July 14 (Reuters) - The European Medicines Agency on Thursday identified severe allergic reactions as potential side effects of Novavax Inc's NVAX.O Covid-19 vaccine.
The vaccine was authorized by U.S. regulators on Wednesday, and its product label in the United States warns against administering the shot to people with a history of allergic reactions to any components of the shot.
Shares of Novavax fell 20.3% to $55.72 in morning trading, along with the broader market and other Covid-19 vaccine makers. Novavax shares are usually volatile.
The EMA said it would also update the product information for the vaccine to add unusual or decreased feeling in the skin as a new side effect.
Only 250,000 doses of Novavax’s Covid-19 vaccine, Nuvaxovid, have been administered in Europe so far since its launch in December, according to the European Centre for Disease Prevention and Control.
(Reporting by Manas Mishra in Bengaluru; Editing by Shinjini Ganguli)
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