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AstraZeneca's Evusheld Revenue Stream To Dry Up Soon

As FDA Withdraws Authorization Of COVID-19 Therapy

 
• By Kevin Grogan

The revenue boost Evusheld has given AstraZeneca over the past year will grind to a halt now that the FDA, as expected, has pulled approval for the antibody combo on the grounds it is ineffective against most SARS-CoV-2 variants circulating in the US.

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• Source: Shutterstock

AstraZeneca PLC's hope that Evusheld, for the prevention and treatment of COVID-19 infections in immunocompromised people, would continue to be a growth driver has been dashed after US regulators pulled approval for the antibody combo.

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