Philippines Approves Pfizer Vaccine for Emergency Use (Correct)

The Philippines has approved Pfizer Inc.-BioNTech SE’s Covid-19 vaccine, the first to be allowed for emergency use in the Southeast Asian nation.

The Food and Drug Administration found that Pfizer’s vaccine may be effective to prevent, diagnose or treat Covid-19, and can be used for individuals age 16 years old and up, its head Eric Domingo said in a virtual briefing. The vaccine maker will provide cold storage and transport the shots to inoculation sites, he added.

A vial of the Pfizer-BioNTech Covid-19 vaccine.

Photographer: Oliver Bunic/Bloomberg

Sinovac Biotech Ltd. has applied for a similar authority on Wednesday, and the regulator will ask for more clinical...