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New vaccine is approved in South Korea

New vaccine is approved in South Korea

The vaccine is based on a protein called Nuvaxovid and has become the fifth COVID-19 vaccine to be

approved in the country, following the vaccines of British-Swedish pharmaceutical giant AstraZeneca

and Oxford University, Pfizer Inc., Johnson & Johnson and Moderna Inc. The vaccine can be given to

people aged 18 years and older and the second injection will be given 21 days after the first. A study

conducted in Britain showed a reduction in the number of symptomatic cases of COVID-19 with a

vaccine effectiveness of 89.7 per cent.

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Performance of Novavax Inc. (Source: Investing.com)