AstraZeneca withdraws COVID-19 vaccine citing low demand [Video]

AstraZeneca is withdrawing its highly successful coronavirus vaccine, citing the availability of a plethora of new shots that has led to a decline in demand.Video above: Factors to be considered as CDC experts look at next steps for COVID vaccinesThe vaccine — called Vaxzevria and developed in partnership with the University of Oxford — has been one of the main COVID-19 vaccines worldwide, with more than 3 billion doses supplied since the first was administered in the United Kingdom on Jan. 4, 2021.But the vaccine has not generated revenue for AstraZeneca since April 2023, the company said.“As multiple, variant COVID-19 vaccines have … been developed, there is a surplus of available updated vaccines. This has led to a decline in demand for Vaxzevria, which is no longer being manufactured or supplied,” it said in a statement shared with CNN Wednesday.“AstraZeneca has therefore taken the decision to initiate withdrawal of the …