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The withdrawal has been initiated due to a surplus of available updated vaccines since the pandemic, the company said in a statement.
AstraZeneca had partnered with Oxford University to develop the COVID-19 vaccine, which was sold in India as Covishield and as Vaxzevria in Europe.
”As multiple, variant COVID-19 vaccines have since been developed there is a surplus of available updated vaccines. This has led to a decline in demand for Vaxzervria, which is no longer being manufactured or supplied,” it said.
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Without referring to the side effects, the company said, ”we are incredibly proud of the role Vaxzevria played in ending the global pandemic. According to independent estimates, over 6.5 million lives were saved in the first year of use alone and over three billion doses were supplied globally.” It further said, ”our efforts have been recognised by governments around the world and are widely regarded as being a critical component of ending the global pandemic.” In India, over 220 crore dosages of COVID-19 vaccines have been administered and a majority of those were Covishield.