AstraZeneca Withdraws Covid-19 Vaccine, Citing Lack of Demand

AstraZeneca Plc pulled its Covid-19 vaccine from the market due to lack of demand for a shot that initially raised hopes it would play a key role in protecting the world against the virus.

The marketing authorization for the vaccine, Vaxzevria, in the European Union was withdrawn at the company’s request this week as the vaccine is no longer manufactured or supplied, Astra said in a statement. The decision was not related to safety reasons, it said.

Astra’s vaccine, which was developed with Oxford University, was initially offered on a not-for-profit basis and was seen as a win for Britain, ...